Vallejo Community Arts Foundation

Analysis

Vallejo Community Arts Foundation is a registered charity in United States, based in Vallejo, CA. It received its IRS tax-exemption ruling in September 1994, 32 years ago. 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, Vallejo Community Arts Foundation reported income of $753k and spending of $791k, spending 105% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $877k to $753k (-14%), an average of -3.7% a year. The sharpest change came in the year to June 2022, when income rose by 210%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Vallejo Community Arts Foundation sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within CA. Charities of a similar size with the same main cause include Paralyzed Veterans of America ($753k), Westport Baseball & Softball Inc ($753k) and Olde Dominion Agricultural Foundation ($753k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 40% and program service revenue 52% of the total. Other salaries and wages came to $243k. At year end it held assets of $359k against liabilities of $52k, net assets of $308k. It reported 7 employees.