Conejo Schools Foundation

Analysis

Conejo Schools Foundation is a registered charity in United States, based in Thousand Oaks, CA. It received its IRS tax-exemption ruling in December 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Conejo Schools Foundation reported income of $747k and spending of $643k, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $747k to $747k (+0.1%), an average of +0.0% a year. The sharpest change came in the year to June 2023, when income rose by 42%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Conejo Schools Foundation sits at the 73rd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within CA. Charities of a similar size with the same main cause include Kids Ark Development Center Inc ($747k), Cubanet News Inc ($747k) and Heartstrings Unlimited Inc ($747k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 47% and program service revenue 50% of the total. Compensation of current officers, directors and key employees was $77k (12% of expenses). Other salaries and wages came to $133k. At year end it held assets of $883k against liabilities of $166k, net assets of $717k. It reported 13 employees.