Garfield Alumni Foundation

Analysis

Garfield Alumni Foundation is a registered charity in United States, based in Chino Hills, CA. It received its IRS tax-exemption ruling in November 2017, 9 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, Garfield Alumni Foundation reported income of $50k and spending of $46k, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $11k to $50k (+342%), an average of +342% a year. The sharpest change came in the year to December 2023, when income rose by 342%. Over the whole period it spent 107% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Garfield Alumni Foundation sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 21st percentile within CA. Charities of a similar size with the same main cause include Oklahoma Rural Water Enrichment Foundation ($50k), Elk Point-Jefferson Educational Foundation ($50k) and Armchairedclockhours ($50k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 30% of the total. At year end it held assets of $59k against liabilities of $0, net assets of $59k.