Sacramento Venture Philanthropy

Analysis

Sacramento Venture Philanthropy is a registered charity in United States, based in Orangevale, CA. It received its IRS tax-exemption ruling in August 2017, 9 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Sacramento Venture Philanthropy reported income of $146k and spending of $116k, leaving 20% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income fell from $235k to $146k (-38%), an average of -15% a year. The sharpest change came in the year to December 2020, when income dropped by 67%. Over the whole period it spent 96% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Sacramento Venture Philanthropy sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 49th percentile within CA. Charities of a similar size with the same main cause include Mary Adeline Gardner Scholarship Fund ($146k), Bustany Family Foundation Inc ($146k) and Morningstar Foundation for Adults with Autism Inc ($146k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 112% and program service revenue 4.8% of the total. At year end it held assets of $42k against liabilities of $0, net assets of $42k.