Del Vaz Projects Inc

Analysis

Del Vaz Projects Inc is a registered charity in United States, based in Santa Monica, CA. It received its IRS tax-exemption ruling in August 2021, 5 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, Del Vaz Projects Inc reported income of $148k and spending of $143k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $186k to $148k (-20%), an average of -20% a year. The sharpest change came in the year to December 2023, when income dropped by 20%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Del Vaz Projects Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 49th percentile within CA. Charities of a similar size with the same main cause include Aatcc Foundation Inc ($148k), Chesterfield Historical Society Inc ($148k) and New England Suzuki Institute ($148k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 60% and program service revenue 40% of the total. At year end it held assets of $27k against liabilities of $0, net assets of $27k.