Core Districts
Analysis
Core Districts is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in April 2015, 11 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, Core Districts reported income of $5.8m and spending of $6.8m, spending 117% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $6.1m to $5.8m (-5.0%), an average of -1.3% a year. The sharpest change came in the year to June 2022, when income dropped by 36%. Over the whole period it spent 107% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Core Districts sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within CA. Charities of a similar size with the same main cause include Activities Beyond the Classroom ($5.8m), Tucc Inc ($5.8m) and Unity Charter School ($5.8m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 52% and program service revenue 46% of the total. Compensation of current officers, directors and key employees was $825k (12% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $5.5m against liabilities of $463k, net assets of $5.1m. It reported 20 employees.
Income and spending
Where the income comes from
- Contributions & grants 52%
- Program services 46%
- Other 2.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Activities Beyond the Classroom | Cincinnati | $5.8m |
| Tucc Inc | Wilmington | $5.8m |
| Unity Charter School | Morristown | $5.8m |
| Zenith Academy - East | Columbus | $5.8m |