Caregivers Volunteers Assisting the Elderly

Analysis

Caregivers Volunteers Assisting the Elderly is a registered charity in United States, based in Ventura, CA. It received its IRS tax-exemption ruling in November 1985, 41 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Caregivers Volunteers Assisting the Elderly reported income of $574k and spending of $368k, leaving 36% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $322k to $574k (+78%), an average of +16% a year. The sharpest change came in the year to June 2023, when income rose by 40%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Caregivers Volunteers Assisting the Elderly sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 74th percentile within CA. Charities of a similar size with the same main cause include Village Store- a Community Thrift Shop ($574k), Center for Attachment & Trauma Services Inc ($574k) and Citizens Fire Company Inc ($573k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 87% of the total. Compensation of current officers, directors and key employees was $127k (35% of expenses). Other salaries and wages came to $95k. It paid $17k in professional fundraising fees. At year end it held assets of $670k against liabilities of $95k, net assets of $574k.