Rescuecalifornia Education Foundation

Analysis

Rescuecalifornia Education Foundation is a registered charity in United States, based in Schaumburg, IL. It received its IRS tax-exemption ruling in July 2015, 11 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Rescuecalifornia Education Foundation reported income of $812k and spending of $654k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $824k to $812k (-1.5%), an average of -0.4% a year. The sharpest change came in the year to December 2023, when income rose by 1720%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rescuecalifornia Education Foundation 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 77th percentile, and in the 76th percentile within IL. Charities of a similar size with the same main cause include Subway Cares Foundation Inc ($812k), William Holmes McGuffey School Foundation ($812k) and Fort Worth Public Library Foundation ($812k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $210k against liabilities of $172k, net assets of $37k.