Coronado School of the Arts Foundation

Analysis

Coronado School of the Arts Foundation is a registered charity in United States, based in Coronado, CA. It received its IRS tax-exemption ruling in January 1998, 28 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 June 2023, Coronado School of the Arts Foundation reported income of $419k and spending of $193k, leaving 54% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $270k to $419k (+55%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 144%. Over the whole period it spent 113% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Coronado School of the Arts Foundation sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 69th percentile within CA. Charities of a similar size with the same main cause include Solid Waste Association of North America Inc ($419k), District 51 Foundation ($419k) and Gingerbread House Academy Inc ($419k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 89% of the total. At year end it held assets of $321k against liabilities of $198k, net assets of $123k.