Riverside County Office of Education Foundation

Analysis

Riverside County Office of Education Foundation is a registered charity in United States, based in Riverside, CA. It received its IRS tax-exemption ruling in December 2013, 13 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, Riverside County Office of Education Foundation reported income of $400k and spending of $178k, leaving 55% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $158k to $400k (+153%), an average of +26% a year. The sharpest change came in the year to June 2021, when income rose by 4716%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Riverside County Office of Education 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 68th percentile within CA. Charities of a similar size with the same main cause include University of Leadership and Ministry Inc ($399k), Inspiring Minds ($400k) and Parent Booster USA Inc ($399k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $657k against liabilities of $0, net assets of $657k.