Kapadia Education Foundation Inc

Analysis

Kapadia Education Foundation Inc is a registered charity in United States, based in Ojai, CA. It received its IRS tax-exemption ruling in June 2006, 20 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, Kapadia Education Foundation Inc reported income of $179k and spending of $118k, leaving 34% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $73k to $179k (+144%), an average of +144% a year. The sharpest change came in the year to December 2023, when income rose by 144%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kapadia Education Foundation Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 53rd percentile within CA. Charities of a similar size with the same main cause include Oklahoma Farm Bureau Foundation for Agriculture ($179k), Burnsville Rotary Foundation ($179k) and Caleb Greenwood K-8 Ptso Inc ($179k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $103k against liabilities of $0, net assets of $103k.