Amvets Department of California Service Foundation

Analysis

Amvets Department of California Service Foundation is a registered charity in United States, based in Garden Grove, CA. It received its IRS tax-exemption ruling in December 2016, 10 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 December 2023, Amvets Department of California Service Foundation reported income of $10.7m and spending of $11.8m, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $10.3m to $10.7m (+4.2%), an average of +1.0% a year. The sharpest change came in the year to December 2021, when income rose by 64%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Amvets Department of California Service Foundation sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include Goodwill Industries of Southeastern Michigan Inc ($10.7m), Focus Inc ($10.7m) and Hobart Institute of Welding Technology ($10.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 132% of the total. Compensation of current officers, directors and key employees was $144k (1.2% of expenses). Other salaries and wages came to $6.4m. At year end it held assets of $21.0m against liabilities of $859k, net assets of $20.2m. It reported 236 employees.