Vaughn Next Century Learning Centerfoundation

Analysis

Vaughn Next Century Learning Centerfoundation is a registered charity in United States, based in Pacoima, CA. It received its IRS tax-exemption ruling in September 2008, 18 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, Vaughn Next Century Learning Centerfoundation reported income of $100k and spending of $95k, spending 95% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $68k to $100k (+48%), an average of +48% a year. The sharpest change came in the year to June 2024, when income rose by 48%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Vaughn Next Century Learning Centerfoundation sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 39th percentile within CA. Charities of a similar size with the same main cause include Hobart Group Homes Inc ($100k), Urg Scholarship Foundation ($100k) and Camps for Kids Inc ($100k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $160k against liabilities of $0, net assets of $160k.