Moorpark College Foundation

Analysis

Moorpark College Foundation is a registered charity in United States, based in Moorpark, CA. It received its IRS tax-exemption ruling in November 1980, 46 years ago. 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 2023, Moorpark College Foundation reported income of $689k and spending of $565k, spending 82% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $331k to $689k (+108%), an average of +20% a year. The sharpest change came in the year to June 2022, when income rose by 82%. Over the whole period it spent 62% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Moorpark College Foundation sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within CA. Charities of a similar size with the same main cause include Garden City Rescue Mission and Life Development Center Inc ($689k), Spokane Guilds School Foundation Dba Joya Foundation ($689k) and Ormond Memorial Art Museum Inc ($689k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% of the total. Other salaries and wages came to $23k. At year end it held assets of $3.8m against liabilities of $0, net assets of $3.8m. It reported 2 employees.