California Teaching Fellows Foundation

Analysis

California Teaching Fellows Foundation is a registered charity in United States, based in Fresno, CA. It received its IRS tax-exemption ruling in February 2005, 21 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 July 2023, California Teaching Fellows Foundation reported income of $45.0m and spending of $43.9m, spending 98% of its income. Across the 4 years on record, from July 2020 to July 2023, income grew from $26.1m to $45.0m (+72%), an average of +20% a year. The sharpest change came in the year to July 2023, when income rose by 55%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, California Teaching Fellows Foundation sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within CA. Charities of a similar size with the same main cause include Northeast Community Clinic ($44.9m), Leadership Institute ($45.0m) and Pennsylvania Coalition Against Domestic Violence ($44.8m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 0.1% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $1.1m (2.5% of expenses). Other salaries and wages came to $36.6m. At year end it held assets of $8.9m against liabilities of $5.0m, net assets of $3.9m. It reported 4,005 employees.