San Diego Futures Foundation

Analysis

San Diego Futures Foundation is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in April 2005, 21 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 December 2023, San Diego Futures Foundation reported income of $3.0m and spending of $2.3m, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.2m to $3.0m (+35%), an average of +7.8% a year. The sharpest change came in the year to December 2021, when income rose by 21%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, San Diego Futures Foundation sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within CA. Charities of a similar size with the same main cause include Sage Eldercare Inc ($3.0m), Cristo Rey Columbus High School Work Study Program ($3.0m) and Cornerstone Christian Academy ($3.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 50% of the total. Compensation of current officers, directors and key employees was $163k (6.9% of expenses). Other salaries and wages came to $934k. At year end it held assets of $4.5m against liabilities of $1.2m, net assets of $3.4m. It reported 22 employees.