Cpi Foundation Inc

Analysis

Cpi Foundation Inc is a registered charity in United States, based in Chico, CA. It received its IRS tax-exemption ruling in June 2014, 12 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 September 2023, Cpi Foundation Inc reported income of $1.3m and spending of $856k, leaving 35% of income unspent that year. Across the 5 years on record, from June 2019 to September 2023, income grew from $716k to $1.3m (+85%), an average of +17% a year. The sharpest change came in the year to September 2023, when income rose by 968%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cpi Foundation Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within CA. Charities of a similar size with the same main cause include Rework Training ($1.3m), Gardner Valley School ($1.3m) and Pathways Academy for Special Education ($1.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $382k. At year end it held assets of $710k against liabilities of $85k, net assets of $625k. It reported 5 employees.