The Brea Education Foundation

Analysis

The Brea Education Foundation is a registered charity in United States, based in Brea, CA. It received its IRS tax-exemption ruling in July 1987, 39 years ago. 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 2024, The Brea Education Foundation reported income of $59k and spending of $125k, spending 211% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $121k to $59k (-51%), an average of -51% a year. The sharpest change came in the year to June 2024, when income dropped by 51%. Over the whole period it spent 137% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Brea Education Foundation sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 25th percentile within CA. Charities of a similar size with the same main cause include Iglesia Roca de Salvacion Inc ($59k), Cave Spring Recreation Foundation Inc ($59k) and Ecumenical Foundation Inc ($59k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 122% of the total. At year end it held assets of $65k against liabilities of $0, net assets of $65k.