Credo High Foundation

Analysis

Credo High Foundation is a registered charity in United States, based in Rohnert Park, CA. It received its IRS tax-exemption ruling in November 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Credo High Foundation reported income of $465k and spending of $404k, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $663k to $465k (-30%), an average of -8.5% a year. The sharpest change came in the year to June 2022, when income rose by 67%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Credo High Foundation sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 71st percentile within CA. Charities of a similar size with the same main cause include Hopeful Restoration Group Inc ($465k), Mision Vida Nueva ($465k) and Chevra Tomchei Evyonim Support for the Needy Inc ($465k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $114k against liabilities of $0, net assets of $114k.