League of Volunteers of Newark California

Analysis

League of Volunteers of Newark California is a registered charity in United States, based in Newark, CA. It received its IRS tax-exemption ruling in April 1980, 46 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 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 October 2023, League of Volunteers of Newark California reported income of $323k and spending of $340k, spending 105% of what it took in. Across the 5 years on record, from October 2019 to October 2023, income grew from $281k to $323k (+15%), an average of +3.6% a year. The sharpest change came in the year to October 2021, when income rose by 23%. Over the whole period it spent 99% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, League of Volunteers of Newark California sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within CA. Charities of a similar size with the same main cause include Ugc Foundation Inc ($323k), North Shore Rotary Club Charitable Foundation Inc ($323k) and Coastal Bend College Foundation ($323k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 39% of the total. Compensation of current officers, directors and key employees was $64k (19% of expenses). Other salaries and wages came to $59k. At year end it held assets of $64k against liabilities of $8,323, net assets of $56k. It reported 7 employees.