San Luis Obispo Career Technical Education Foundation

Analysis

San Luis Obispo Career Technical Education Foundation is a registered charity in United States, based in SN Luis Obisp, CA. It received its IRS tax-exemption ruling in May 2021, 5 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 2024, San Luis Obispo Career Technical Education Foundation reported income of $768k and spending of $87k, leaving 89% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income grew from $217k to $768k (+254%), an average of +88% a year. The sharpest change came in the year to June 2024, when income rose by 7578%. Over the whole period it spent 18% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, San Luis Obispo Career Technical Education Foundation 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 77th percentile within CA. Charities of a similar size with the same main cause include Bridges Academy Austin LLC ($768k), Berrybrook School Inc ($768k) and The Lyceum ($768k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% of the total. At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m.