California Foundation for the Advancement of the Electronic Arts

Analysis

California Foundation for the Advancement of the Electronic Arts is a registered charity in United States, based in Grass Valley, CA. It received its IRS tax-exemption ruling in June 2013, 13 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, California Foundation for the Advancement of the Electronic Arts reported income of $212k and spending of $190k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $179k to $212k (+18%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, California Foundation for the Advancement of the Electronic Arts sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 57th percentile within CA. Charities of a similar size with the same main cause include Arms Wide Open Community Development Corporation ($212k), Providence Counseling Ministries Inc ($212k) and Mannas Market Inc ($212k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.0% and program service revenue 92% of the total. At year end it held assets of $82k against liabilities of $0, net assets of $82k.