Napa Valley College Foundation

Analysis

Napa Valley College Foundation is a registered charity in United States, based in Napa, CA. It received its IRS tax-exemption ruling in January 1969, 57 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Napa Valley College Foundation reported income of $1.6m and spending of $1.4m, spending 87% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $388k to $1.6m (+313%), an average of +60% a year. The sharpest change came in the year to June 2021, when income rose by 590%. Over the whole period it spent 28% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Napa Valley College Foundation sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within CA. Charities of a similar size with the same main cause include Folds of Honor Foundation ($1.6m), Florida Board of Governors Foundation Inc ($1.6m) and Morelands Alternative Educational Academy Inc ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 39% and program service revenue 8.2% of the total. Compensation of current officers, directors and key employees was $156k (11% of expenses). Other salaries and wages came to $84k. It paid $67k in professional fundraising fees. At year end it held assets of $19.5m against liabilities of $259k, net assets of $19.2m. It reported 5 employees.