Golda Och Academy Foundation Inc

Analysis

Golda Och Academy Foundation Inc is a registered charity in United States, based in West Orange, NJ. It received its IRS tax-exemption ruling in December 1996, 30 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Golda Och Academy Foundation Inc reported income of $2.1m and spending of $6.1m, spending 287% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $2.9m to $2.1m (-28%), an average of -10% a year. The sharpest change came in the year to June 2021, when income rose by 297%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Golda Och Academy Foundation Inc sits at the 83rd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 88th percentile within NJ. Charities of a similar size with the same main cause include Free 2 Teach Foundation ($2.1m), Demons Unlimited Foundation ($2.1m) and Go Public Schools ($2.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.9% of the total. It paid $50k in professional fundraising fees. At year end it held assets of $49.5m against liabilities of $1.9m, net assets of $47.6m.