Classroom of the Future Foundation

Analysis

Classroom of the Future Foundation is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in October 1997, 29 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 June 2023, Classroom of the Future Foundation reported income of $233k and spending of $357k, spending 153% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $395k to $233k (-41%), an average of -12% a year. The sharpest change came in the year to June 2020, when income rose by 120%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Classroom of the Future Foundation sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 59th percentile within CA. Charities of a similar size with the same main cause include Wichita Independent Neighborhoods Inc ($233k), Phi Omega Incorporated ($233k) and Forrichmond ($233k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 147% of the total. Other salaries and wages came to $70k. At year end it held assets of $173k against liabilities of $0, net assets of $173k. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.