Bruce Verhoeven Foundation Memorial Fund Inc

Analysis

Bruce Verhoeven Foundation Memorial Fund Inc is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in February 1976, 50 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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, Bruce Verhoeven Foundation Memorial Fund Inc reported income of $57k and spending of $83k, spending 144% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $95k to $57k (-40%), an average of -12% a year. The sharpest change came in the year to December 2023, when income dropped by 51%. Over the whole period it spent 64% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Bruce Verhoeven Foundation Memorial Fund Inc sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 24th percentile within CA. Charities of a similar size with the same main cause include Texas New Era Center-Jobs with Justice ($57k), Soroptimist International of the Americas Inc ($57k) and Utah Grizzlies Youth Foundation ($57k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% of the total. At year end it held assets of $1.5m against liabilities of $394k, net assets of $1.1m.