Volunteer Center South Bay Harbor Long Beach

Analysis

Volunteer Center South Bay Harbor Long Beach is a registered charity in United States, based in Torrance, CA. It received its IRS tax-exemption ruling in February 1966, 60 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Volunteer Center South Bay Harbor Long Beach reported income of $889k and spending of $881k, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.3m to $889k (-32%), an average of -9.2% a year. The sharpest change came in the year to June 2021, when income rose by 25%. Over the whole period it spent 94% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Volunteer Center South Bay Harbor Long Beach sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within CA. Charities of a similar size with the same main cause include The Jewish Community Foundation of El Paso ($889k), Our Valley Cares Foundation ($890k) and Desai Foundation ($889k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 45% and program service revenue 40% of the total. Compensation of current officers, directors and key employees was $156k (18% of expenses). Other salaries and wages came to $327k. At year end it held assets of $2.7m against liabilities of $253k, net assets of $2.5m. It reported 15 employees.