Daraja Education Fund
Analysis
Daraja Education Fund is a registered charity in United States, based in San Rafael, CA. It received its IRS tax-exemption ruling in September 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Daraja Education Fund reported income of $3.0m and spending of $2.1m, leaving 31% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $917k to $3.0m (+231%), an average of +35% a year. The sharpest change came in the year to December 2020, when income rose by 71%. Over the whole period it spent 62% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Daraja Education Fund sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within CA. Charities of a similar size with the same main cause include American Indigenous Tourism Association Inc ($3.0m), Learning Center at Pipers Hill Inc ($3.0m) and Classical Academy Charter School of Clifton Inc ($3.0m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 0.5% of the total. Compensation of current officers, directors and key employees was $166k (8.0% of expenses). Other salaries and wages came to $116k. At year end it held assets of $4.3m against liabilities of $5,355, net assets of $4.3m. It reported 5 employees.
Income and spending
Where the income comes from
- Contributions & grants 83%
- Program services 0.5%
- Other 17%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| American Indigenous Tourism Association Inc | Carson City | $3.0m |
| Learning Center at Pipers Hill Inc | Stamford | $3.0m |
| Classical Academy Charter School of Clifton Inc | Clifton | $3.0m |
| Institute Foundation Inc | New York | $3.0m |