Irvine Childrens Fund
Analysis
Irvine Childrens Fund is a registered charity in United States, based in Irvine, CA. It received its IRS tax-exemption ruling in August 1986, 40 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Irvine Childrens Fund reported income of $790k and spending of $709k, spending 90% of its income. Across the 3 years on record, from June 2019 to June 2023, income grew from $220k to $790k (+259%), an average of +90% a year. The sharpest change came in the year to June 2022, when income rose by 148%. Over the whole period it spent 94% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Irvine Childrens Fund sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 78th percentile within CA. Charities of a similar size with the same main cause include Annur Islamic School ($790k), Bozeman Summit School Inc ($790k) and Croatian Fraternal Union Scholarship Foundation Inc ($790k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 86% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $52k (7.3% of expenses). At year end it held assets of $293k against liabilities of $0, net assets of $293k. It reported 2 employees.
Income and spending
Where the income comes from
- Contributions & grants 86%
- Program services 14%
- Other 0.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Annur Islamic School | Schenectady | $790k |
| Bozeman Summit School Inc | Bozeman | $790k |
| Croatian Fraternal Union Scholarship Foundation Inc | Pittsburgh | $790k |
| Carmel High School Band Boosters Inc | Carmel | $790k |