Community Trust Fund of Volunteer League of San Fernando Valley

Analysis

Community Trust Fund of Volunteer League of San Fernando Valley is a registered charity in United States, based in Van Nuys, CA. It received its IRS tax-exemption ruling in June 1957, 69 years ago. 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 May 2024, Community Trust Fund of Volunteer League of San Fernando Valley reported income of $178k and spending of $205k, spending 115% of what it took in. Across the 5 years on record, from May 2020 to May 2024, income fell from $230k to $178k (-23%), an average of -6.2% a year. The sharpest change came in the year to May 2022, when income dropped by 23%. Over the whole period it spent 79% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Community Trust Fund of Volunteer League of San Fernando Valley sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 53rd percentile within CA. Charities of a similar size with the same main cause include Wa Wui Ltd ($178k), Ancient Order Land Corp ($178k) and Values to Action ($178k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 94% of the total. Other salaries and wages came to $9,057. At year end it held assets of $474k against liabilities of $1,981, net assets of $472k. It reported 2 employees.