Californians Dedicated to Education Foundation

Analysis

Californians Dedicated to Education Foundation is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in June 2011, 15 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Californians Dedicated to Education Foundation reported income of $3.8m and spending of $6.0m, spending 160% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.5m to $3.8m (+6.1%), an average of +1.5% a year. The sharpest change came in the year to June 2020, when income rose by 384%. Over the whole period it spent 100% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Californians Dedicated to Education Foundation sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within CA. Charities of a similar size with the same main cause include Boys and Girls Clubs of the San Luis Valley Inc ($3.8m), Ecole Francaise de Boston Inc ($3.8m) and Oconnell Childrens Shelter Inc ($3.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 71% and program service revenue 29% of the total. Compensation of current officers, directors and key employees was $165k (2.8% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $4.8m against liabilities of $2.9m, net assets of $1.9m. It reported 24 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.