Construction Industry Educational Foundation

Analysis

Construction Industry Educational Foundation is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in May 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, Construction Industry Educational Foundation reported income of $1.4m and spending of $1.8m, spending 125% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $299k to $1.4m (+379%), an average of +48% a year. The sharpest change came in the year to June 2021, when income rose by 87%. Over the whole period it spent 118% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Construction Industry Educational Foundation sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include Pellissippi State Community College Foundation ($1.4m), Berks County Montessori Country Day School ($1.4m) and Community Charter School of Cambridge Foundation Inc ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 88% and program service revenue 2.0% of the total. Compensation of current officers, directors and key employees was $126k (7.0% of expenses). Other salaries and wages came to $559k. At year end it held assets of $976k against liabilities of $835k, net assets of $141k. It reported 12 employees.