Peralta Colleges Foundation

Analysis

Peralta Colleges Foundation is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in July 1971, 55 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, Peralta Colleges Foundation reported income of $1.5m and spending of $1.5m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $652k to $1.5m (+123%), an average of +22% a year. The sharpest change came in the year to June 2020, when income rose by 90%. Over the whole period it spent 105% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Peralta Colleges Foundation sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include Capitol Region Education Councilfoundation Inc ($1.5m), Plies ($1.5m) and Manati Academia Discipulos de Cristo Inc ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 2.9% of the total. Compensation of current officers, directors and key employees was $188k (13% of expenses). Other salaries and wages came to $25k. At year end it held assets of $3.1m against liabilities of $1.2m, net assets of $1.9m. It reported 4 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.