Totally Local VC Agricultural Education Foundation

Analysis

Totally Local VC Agricultural Education Foundation is a registered charity in United States, based in Ventura, CA. It received its IRS tax-exemption ruling in July 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Totally Local VC Agricultural Education Foundation reported income of $425k and spending of $422k, spending 99% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $584k to $425k (-27%), an average of -15% a year. The sharpest change came in the year to December 2022, when income dropped by 35%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Totally Local VC Agricultural Education Foundation sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 69th percentile within CA. Charities of a similar size with the same main cause include Black Caucus of the American Library Association ($425k), Eastside Pathways ($425k) and Academic Informer Inc ($425k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $7,328 (1.7% of expenses). Other salaries and wages came to $8,624. At year end it held assets of $2,727 against liabilities of $0, net assets of $2,727.