Sierra College Foundation

Analysis

Sierra College Foundation is a registered charity in United States, based in Rocklin, CA. It received its IRS tax-exemption ruling in October 1974, 52 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, Sierra College Foundation reported income of $1.8m and spending of $1.4m, leaving 21% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.1m to $1.8m (-16%), an average of -4.4% a year. The sharpest change came in the year to June 2023, when income dropped by 35%. Over the whole period it spent 55% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sierra College Foundation sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include Paradise Charter Middle School ($1.8m), Asteme Learning Center Inc ($1.8m) and Communities in Schools of Delaware Inc ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 83% of the total. Compensation of current officers, directors and key employees was $154k (11% of expenses). Other salaries and wages came to $180k. At year end it held assets of $15.3m against liabilities of $198k, net assets of $15.1m. It reported 6 employees.