Venice 2000

Analysis

Venice 2000 is a registered charity in United States, based in Venice, CA. It received its IRS tax-exemption ruling in February 2000, 26 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Venice 2000 reported income of $1.4m and spending of $1.4m, spending 99% of its income. Across the 4 years on record, from June 2019 to June 2023, income grew from $650k to $1.4m (+110%), an average of +28% a year. The sharpest change came in the year to June 2022, when income rose by 81%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Venice 2000 sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within CA. Charities of a similar size with the same main cause include Space Coast Health Centers Inc ($1.4m), Transformation Health Network ($1.4m) and Missouri Rural Health Association ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 83% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $159k (12% of expenses). Other salaries and wages came to $408k. It paid $1,500 in professional fundraising fees. At year end it held assets of $644k against liabilities of $348k, net assets of $296k. It reported 18 employees.