San Diego County Prosperity Foundation
Public records show a registered, tax-exempt organization in good standing.
What it says it does
The mission of the San Diego County Prosperity Foundation is to support various charitable activities that promote individual & societal prosperity locally and beyond.
- Income
- $77,824
- Spending
- $253,833
- Spent on programs
- 90%
- Reserves
- 2.8 months of spending
- Largest source of income
- donations and private grants, 100%
- Employees
- 0
- Volunteers
- 10
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 45 out of 100. Higher than 16% of charities in its peer group (public benefit, under $250k).
Reserves
10 of 35Spendable reserves would cover 2.8 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
0 of 15Spending exceeded income by 226% of income.
Income trend
0 of 15Income fell 76% on the year before.
Spending floor
15 of 1590% of spending went to programs and raising each dollar of donations cost 2 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Weak: 41 out of 100. Higher than 20% of charities in its peer group (public benefit, under $250k).
Independent board
18 of 253 of 3 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- $50,764 spent. Carols by Candlelight is a fundraiser that takes place in San Diego County each year, raising funds for Rady Childrens Hospital by collecting sponsorships, ticket ssales and auction revenue. Funds donated to Rady Childrens Hospital Foundation totaled $50,764
- $175,111 spent. The Ukraine Freedom Project provided needed aid to Ukranians that were in the hotpsots affected by the war of Russian aggression, and medical supplies to hospitals near the front. UFP partners went to places deemed too dangerous for other organizations.
- $1,958 spent. San Diego County Prosperity Foundations other Charitable Giving Program raises funds for and facilitates grants to domestic organizations that meet the programmatic interest of the Board of Directors.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since June 2023.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.