Fresno Free College Foundation

Analysis

Fresno Free College Foundation is a registered charity in United States, based in Fresno, CA. It received its IRS tax-exemption ruling in November 1971, 55 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2024, Fresno Free College Foundation reported income of $146k and spending of $184k, spending 126% of what it took in. Across the 3 years on record, from August 2022 to August 2024, income fell from $149k to $146k (-2.3%), an average of -1.2% a year. The sharpest change came in the year to August 2023, when income rose by 37%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fresno Free College Foundation sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 49th percentile within CA. Charities of a similar size with the same main cause include 3 to 5 Preschool Inc ($146k), Frog Dog K9 Inc ($146k) and South Barren Voluntter Fire Department Inc ($146k).

On its Form 990-EZ for the period ending August 2024, revenue came from contributions and grants 5.6% of the total. At year end it held assets of $20k against liabilities of $8,603, net assets of $12k.