North County Education Foundation Inc

Analysis

North County Education Foundation Inc is a registered charity in United States, based in Escondido, CA. It received its IRS tax-exemption ruling in August 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, North County Education Foundation Inc reported income of $791k and spending of $673k, spending 85% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $439k to $791k (+80%), an average of +16% a year. The sharpest change came in the year to June 2023, when income rose by 86%. Over the whole period it spent 63% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, North County Education Foundation Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 78th percentile within CA. Charities of a similar size with the same main cause include New Hampshire Assoc of Special Education Administrators Inc ($791k), Electrician Training Academy at Knoxville ($792k) and Alpine Christian School ($791k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $1.5m against liabilities of $8,395, net assets of $1.4m.