Friends of Chabot College

Analysis

Friends of Chabot College is a registered charity in United States, based in Hayward, CA. It received its IRS tax-exemption ruling in August 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 June 2023, Friends of Chabot College reported income of $556k and spending of $443k, leaving 20% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $138k to $556k (+303%), an average of +42% a year. The sharpest change came in the year to June 2020, when income rose by 700%. Over the whole period it spent 67% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of Chabot College sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within CA. Charities of a similar size with the same main cause include Uvalde Classical Academy ($556k), Floodplain Management Association ($556k) and Roosevelt High School Foundation ($556k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 101% and program service revenue 2.8% of the total. At year end it held assets of $1.5m against liabilities of $262k, net assets of $1.3m.