History Club of Los Gatos Charitable Foundation

Analysis

History Club of Los Gatos Charitable Foundation is a registered charity in United States, based in Los Gatos, CA. It received its IRS tax-exemption ruling in June 2021, 5 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, History Club of Los Gatos Charitable Foundation reported income of $50k and spending of $27k, leaving 47% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $46k to $50k (+8.3%), an average of +8.3% a year. Over the whole period it spent 86% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, History Club of Los Gatos Charitable Foundation sits at the 21st percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 21st percentile within CA. Charities of a similar size with the same main cause include General Federation of Womens Clubs ($50k), Rainbow Employment Agency Inc ($50k) and Shama Inc ($50k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 88% of the total. At year end it held assets of $35k against liabilities of $0, net assets of $35k.