West Valley Mission Community College District Foundation

Analysis

West Valley Mission Community College District Foundation is a registered charity in United States, based in Saratoga, CA. It received its IRS tax-exemption ruling in July 1995, 31 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, West Valley Mission Community College District Foundation reported income of $2.8m and spending of $2.5m, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.5m to $2.8m (-21%), an average of -5.7% a year. The sharpest change came in the year to June 2021, when income rose by 155%. Over the whole period it spent 54% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, West Valley Mission Community College District Foundation sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within CA. Charities of a similar size with the same main cause include Felix E Martin Jr Foundation Inc ($2.8m), Cornerstone Associates Inc ($2.8m) and Hazelwood Initiative Inc ($2.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 37% of the total. At year end it held assets of $28.7m against liabilities of $38k, net assets of $28.6m.