Sheen Educational Foundation

Analysis

Sheen Educational Foundation is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in August 1974, 52 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Sheen Educational Foundation reported income of $247k and spending of $223k, spending 90% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $271k to $247k (-8.8%), an average of -2.3% a year. The sharpest change came in the year to June 2021, when income dropped by 16%. Over the whole period it spent 79% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sheen Educational Foundation sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 60th percentile within CA. Charities of a similar size with the same main cause include South Carolina First Steps to School Readiness Board of Trustees ($247k), Reading Is Fundamental of Northern Virginia Inc ($247k) and Core Scholars ($247k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 35% and program service revenue 2.7% of the total. Other salaries and wages came to $85k. At year end it held assets of $885k against liabilities of $0, net assets of $885k. It reported 2 employees.