Simi Valley Cultural Arts Center Foundation

Analysis

Simi Valley Cultural Arts Center Foundation is a registered charity in United States, based in Simi Valley, CA. It received its IRS tax-exemption ruling in June 1996, 30 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 2024, Simi Valley Cultural Arts Center Foundation reported income of $62k and spending of $59k, spending 96% of its income. Across the 3 years on record, from June 2021 to June 2024, income grew from $29k to $62k (+115%), an average of +47% a year. The sharpest change came in the year to June 2024, when income rose by 124%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Simi Valley Cultural Arts Center Foundation sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 26th percentile within CA. Charities of a similar size with the same main cause include One with the Ocean ($62k), Al Karim Foundation ($62k) and Feed Branford Kids Inc ($62k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $524k against liabilities of $153k, net assets of $371k.