Diablo Valley Giving Partners

Analysis

Diablo Valley Giving Partners is a registered charity in United States, based in Walnut Creek, CA. It received its IRS tax-exemption ruling in January 1966, 60 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 May 2023, Diablo Valley Giving Partners reported income of $1.0m and spending of $833k, spending 80% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $791k to $1.0m (+31%), an average of +7.0% a year. The sharpest change came in the year to May 2022, when income rose by 54%. Over the whole period it spent 87% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Diablo Valley Giving Partners sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within CA. Charities of a similar size with the same main cause include Kettle Falls Friends of the Pool & Parks ($1.0m), Sobro Development Corporation ($1.0m) and Highland Center Corp ($1.0m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 96% of the total. Other salaries and wages came to $38k. At year end it held assets of $2.4m against liabilities of $293k, net assets of $2.1m. It reported 1 employees.