Ventura County Community Foundation Complex Asset Supporting Org

Analysis

Ventura County Community Foundation Complex Asset Supporting Org is a registered charity in United States, based in Camarillo, CA. It received its IRS tax-exemption ruling in November 2021, 5 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 supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Ventura County Community Foundation Complex Asset Supporting Org reported income of $489k and spending of $76k, leaving 84% of income unspent that year. Across the 3 years on record, from September 2021 to September 2023, income grew from $7,961 to $489k (+6047%), an average of +684% a year. The sharpest change came in the year to September 2022, when income rose by 2781%. Over the whole period it spent 16% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Ventura County Community Foundation Complex Asset Supporting Org sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 71st percentile within CA. Charities of a similar size with the same main cause include Hello in There Foundation ($489k), Atchison Terrace Inc ($489k) and Wildlife Warriors USA Inc ($489k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 7.0% of the total. At year end it held assets of $23.7m against liabilities of $23.6m, net assets of $124k.