Guajome Learning Centers

Analysis

Guajome Learning Centers is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in April 2013, 13 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Guajome Learning Centers reported income of $820k and spending of $885k, spending 108% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $980k to $820k (-16%), an average of -4.4% a year. The sharpest change came in the year to June 2021, when income dropped by 15%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Guajome Learning Centers sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within CA. Charities of a similar size with the same main cause include Go Corps ($820k), BMW Car Club of America Foundation ($820k) and Harrisburg Area Learning Academy Inc ($820k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% of the total. Other salaries and wages came to $427k. At year end it held assets of $1.1m against liabilities of $356k, net assets of $791k. It reported 6 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.