Friends of Fullerton College

Analysis

Friends of Fullerton College is a registered charity in United States, based in Fullerton, CA. It received its IRS tax-exemption ruling in March 2006, 20 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, Friends of Fullerton College reported income of $2.7m and spending of $479k, leaving 82% of income unspent that year. Across the 3 years on record, from June 2021 to June 2023, income grew from $309k to $2.7m (+758%), an average of +193% a year. The sharpest change came in the year to June 2022, when income rose by 224%. Over the whole period it spent 16% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of Fullerton College sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within CA. Charities of a similar size with the same main cause include CKS Foundation ($2.7m), Mississippi Association of Independent Schools Inc ($2.7m) and Christian Life Preparatory School ($2.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% of the total. Other salaries and wages came to $181k. At year end it held assets of $3.5m against liabilities of $201k, net assets of $3.3m. It reported 2 employees.