Christermon Foundation

Analysis

Christermon Foundation is a registered charity in United States, based in Lake Forest, CA. It received its IRS tax-exemption ruling in July 1992, 34 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 December 2023, Christermon Foundation reported income of $672k and spending of $628k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $619k to $672k (+8.6%), an average of +2.1% a year. The sharpest change came in the year to December 2021, when income rose by 212%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Christermon Foundation sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 76th percentile within CA. Charities of a similar size with the same main cause include International House Davis ($671k), Ednium the Alumni Collective Inc ($672k) and Canton Free Library ($671k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% of the total. Other salaries and wages came to $100k. At year end it held assets of $2.1m against liabilities of $8,809, net assets of $2.1m. It reported 1 employees.