Soroptimist International of Valencia

Analysis

Soroptimist International of Valencia is a registered charity in United States, based in Valencia, CA. It received its IRS tax-exemption ruling in June 2001, 25 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 2024, Soroptimist International of Valencia reported income of $103k and spending of $133k, spending 129% of what it took in. Across the 3 years on record, from June 2022 to June 2024, income fell from $167k to $103k (-38%), an average of -21% a year. The sharpest change came in the year to June 2024, when income dropped by 24%. Over the whole period it spent 103% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Soroptimist International of Valencia sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 40th percentile within CA. Charities of a similar size with the same main cause include Monrovia Band Boosters Inc ($103k), Friends of William Alexander Middle School 51 Inc ($103k) and Sleeping Angels Foundation ($103k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 7.2% of the total. At year end it held assets of $152k against liabilities of $78k, net assets of $74k.