San Diego Taxpayers Educational Foundation

Analysis

San Diego Taxpayers Educational Foundation is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in November 1989, 37 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, San Diego Taxpayers Educational Foundation reported income of $176k and spending of $273k, spending 155% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $86k to $176k (+103%), an average of +42% a year. The sharpest change came in the year to December 2022, when income rose by 414%. Over the whole period it spent 110% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, San Diego Taxpayers Educational Foundation sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 53rd percentile within CA. Charities of a similar size with the same main cause include Scientist in the Crib ($176k), Kansas City Chamber Orchestra Incorporated ($176k) and Cimarron Valley Golf Association ($176k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 63% of the total. Compensation of current officers, directors and key employees was $86k (32% of expenses). Other salaries and wages came to $112k. At year end it held assets of $145k against liabilities of $169k, net assets of -$24k. It reported 2 employees.