Roosevelt Elementary Educational Foundation

Analysis

Roosevelt Elementary Educational Foundation is a registered charity in United States, based in Santa Barbara, CA. It received its IRS tax-exemption ruling in November 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Roosevelt Elementary Educational Foundation reported income of $195k and spending of $175k, spending 90% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $155k to $195k (+25%), an average of +25% a year. The sharpest change came in the year to June 2024, when income rose by 25%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Roosevelt Elementary Educational Foundation sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 55th percentile within CA. Charities of a similar size with the same main cause include Lambda Theta Nu Sorority ($195k), Nase Foundation Inc ($195k) and Coalition for Public Safety Training in Schools ($195k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 34% and program service revenue 66% of the total. At year end it held assets of $219k against liabilities of $0, net assets of $219k.