Friends of Cetys Foundation

Analysis

Friends of Cetys Foundation is a registered charity in United States, based in El Centro, CA. It received its IRS tax-exemption ruling in September 2011, 15 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 December 2023, Friends of Cetys Foundation reported income of $534k and spending of $251k, leaving 53% of income unspent that year. Across the 3 years on record, from December 2019 to December 2023, income grew from $380k to $534k (+40%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 208%. Over the whole period it spent 116% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of Cetys Foundation sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 73rd percentile within CA. Charities of a similar size with the same main cause include Create Now Inc ($534k), John Xxiii Montessori Childrens Center Inc ($534k) and Triple S Christian Ranch ($533k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Other salaries and wages came to $60k. At year end it held assets of $402k against liabilities of $3,861, net assets of $398k. It reported 1 employees.