Grauer Foundation for Education

Analysis

Grauer Foundation for Education is a registered charity in United States, based in Encinitas, CA. It received its IRS tax-exemption ruling in January 1997, 29 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Grauer Foundation for Education reported income of $8.1m and spending of $6.3m, leaving 22% of income unspent that year. Across the 5 years on record, from July 2019 to July 2023, income grew from $6.1m to $8.1m (+33%), an average of +7.3% a year. The sharpest change came in the year to July 2022, when income rose by 50%. Over the whole period it spent 75% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Grauer Foundation for Education sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within CA. Charities of a similar size with the same main cause include Grayson School ($8.1m), Macaulay Honors College Foundation ($8.1m) and Greenwood Christian Academy Inc ($8.1m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 26% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $609k (9.7% of expenses). Other salaries and wages came to $2.6m. At year end it held assets of $25.5m against liabilities of $5.4m, net assets of $20.1m.