Western Foundation of Vertebrate Zoology

Analysis

Western Foundation of Vertebrate Zoology is a registered charity in United States, based in Camarillo, CA. It received its IRS tax-exemption ruling in February 1958, 68 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 December 2023, Western Foundation of Vertebrate Zoology reported income of $414k and spending of $425k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $367k to $414k (+13%), an average of +3.0% a year. The sharpest change came in the year to December 2021, when income rose by 33%. Over the whole period it spent 137% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Western Foundation of Vertebrate Zoology sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 69th percentile within CA. Charities of a similar size with the same main cause include Friend Incorporated ($414k), New Hampshire Dance Institute ($414k) and American Opportunity Foundation ($414k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.7% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $69k (16% of expenses). Other salaries and wages came to $109k. At year end it held assets of $3.0m against liabilities of $79k, net assets of $2.9m. It reported 12 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.