Channel Islands Harbor Foundation

Analysis

Channel Islands Harbor Foundation is a registered charity in United States, based in Oxnard, CA. It received its IRS tax-exemption ruling in October 2000, 26 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Channel Islands Harbor Foundation reported income of $67k and spending of $68k, spending 101% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $154k to $67k (-56%), an average of -15% a year. The sharpest change came in the year to June 2023, when income rose by 161%. Over the whole period it spent 92% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Channel Islands Harbor Foundation sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 28th percentile within CA. Charities of a similar size with the same main cause include Jeuness Track Club Inc ($67k), Wellington Wrestling Club Inc ($67k) and Jr J-Hawks Baseball Inc ($67k).

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 $158k against liabilities of $11k, net assets of $147k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.