Oxnard Downtowners Foundation Inc

Analysis

Oxnard Downtowners Foundation Inc is a registered charity in United States, based in Oxnard, CA. It received its IRS tax-exemption ruling in October 2018, 8 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Oxnard Downtowners Foundation Inc reported income of $216k and spending of $216k, spending 100% of its income. Across the 3 years on record, from December 2019 to December 2023, income fell from $252k to $216k (-14%), an average of -7.4% a year. The sharpest change came in the year to December 2022, when income dropped by 17%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Oxnard Downtowners Foundation Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 58th percentile within CA. Charities of a similar size with the same main cause include Fort Mifflin on the Delaware ($216k), Daleville Institute Inc ($216k) and Black Photographer S Union ($216k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 25% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $29k (13% of expenses). At year end it held assets of $70k against liabilities of $0, net assets of $70k.