Conejo Valley Senior Concerns

Analysis

Conejo Valley Senior Concerns is a registered charity in United States, based in Thousand Oaks, CA. It received its IRS tax-exemption ruling in November 1978, 48 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2024, Conejo Valley Senior Concerns reported income of $2.6m and spending of $2.2m, spending 87% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.9m to $2.6m (+34%), an average of +6.1% a year. The sharpest change came in the year to June 2023, when income rose by 36%. Over the whole period it spent 81% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Conejo Valley Senior Concerns sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within CA. Charities of a similar size with the same main cause include Uniting Hope for Children Inc ($2.6m), Horizons Unlimited of Palo Alto County Inc ($2.6m) and Pack Shack of Northwest Arkansas ($2.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 40% and program service revenue 42% of the total. Compensation of current officers, directors and key employees was $124k (5.5% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $5.1m against liabilities of $341k, net assets of $4.8m. It reported 32 employees.