Bay Area Financial Education Foundation

Analysis

Bay Area Financial Education Foundation is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in April 2008, 18 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, Bay Area Financial Education Foundation reported income of $103k and spending of $113k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $100k to $103k (+3.6%), an average of +0.9% a year. The sharpest change came in the year to December 2021, when income rose by 171%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bay Area Financial Education Foundation sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 40th percentile within CA. Charities of a similar size with the same main cause include Korean American Society of Virginia ($103k), National Marine Institute Inc ($103k) and Liberty Singers Booster Club ($103k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $82k (72% of expenses). At year end it held assets of $105k against liabilities of $0, net assets of $105k.