Sons of Italy Western Foundation

Analysis

Sons of Italy Western Foundation is a registered charity in United States, based in Orangevale, CA. It received its IRS tax-exemption ruling in November 1968, 58 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 December 2023, Sons of Italy Western Foundation reported income of $136k and spending of $112k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $124k to $136k (+9.3%), an average of +2.2% a year. The sharpest change came in the year to December 2020, when income dropped by 45%. Over the whole period it spent 92% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Sons of Italy Western Foundation sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 47th percentile within CA. Charities of a similar size with the same main cause include Peniel Community Services Inc ($136k), Brookshire Brothers Employee Assistance Program ($136k) and North Country Alliance Local Development Corporation ($136k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% of the total. At year end it held assets of $428k against liabilities of $56k, net assets of $372k.