Coronado Foundation for the Future Inc

Analysis

Coronado Foundation for the Future Inc is a registered charity in United States, based in Scottsdale, AZ. It received its IRS tax-exemption ruling in March 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, Coronado Foundation for the Future Inc reported income of $923k and spending of $94k, leaving 90% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $68k to $923k (+1247%), an average of +1247% a year. The sharpest change came in the year to December 2023, when income rose by 1247%. Over the whole period it spent 15% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Coronado Foundation for the Future Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 75th percentile within AZ. Charities of a similar size with the same main cause include Built Environment Plus Inc ($923k), Bangor Childrens Home ($923k) and 2033 Fund ($922k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m.