Ravenswood Education Foundation

Analysis

Ravenswood Education Foundation is a registered charity in United States, based in E Palo Alto, CA. It received its IRS tax-exemption ruling in October 2007, 19 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, Ravenswood Education Foundation reported income of $12.2m and spending of $8.6m, leaving 29% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $9.1m to $12.2m (+34%), an average of +10% a year. The sharpest change came in the year to June 2022, when income rose by 33%. Over the whole period it spent 70% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ravenswood Education Foundation sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include Method Schools ($12.2m), Peabody Charter School Inc ($12.2m) and Success for All Foundation Inc ($12.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $224k (2.6% of expenses). Other salaries and wages came to $104k. At year end it held assets of $22.4m against liabilities of $5.5m, net assets of $16.9m. It reported 3 employees.