Career Technical Education Foundation Sonoma County

Analysis

Career Technical Education Foundation Sonoma County is a registered charity in United States, based in Santa Rosa, CA. It received its IRS tax-exemption ruling in July 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 2024, Career Technical Education Foundation Sonoma County reported income of $2.8m and spending of $2.4m, spending 84% of its income. Across the 5 years on record, from December 2019 to June 2024, income grew from $1.2m to $2.8m (+143%), an average of +25% a year. The sharpest change came in the year to June 2024, when income rose by 546%. Over the whole period it spent 106% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Career Technical Education Foundation Sonoma County sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within CA. Charities of a similar size with the same main cause include Operation Spark ($2.8m), Ivy Tech Charter School ($2.8m) and Idaho High School Activities Association Inc ($2.8m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $539k (23% of expenses). Other salaries and wages came to $160k. At year end it held assets of $1.9m against liabilities of $262k, net assets of $1.6m. It reported 6 employees.