Powering Opportunity in Education- South Bay

Analysis

Powering Opportunity in Education- South Bay is a registered charity in United States, based in Los Gatos, CA. It received its IRS tax-exemption ruling in December 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 2024, Powering Opportunity in Education- South Bay reported income of $178k and spending of $256k, spending 144% of what it took in. Across the 4 years on record, from June 2021 to June 2024, income fell from $347k to $178k (-49%), an average of -20% a year. The sharpest change came in the year to June 2023, when income rose by 201%. Over the whole period it spent 73% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Powering Opportunity in Education- South Bay sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 53rd percentile within CA. Charities of a similar size with the same main cause include Woodstock Wolverine Band Boosters Inc ($178k), Glen Oaks Community College Foundation ($178k) and Casa de Matheu Inc ($178k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 69% of the total. At year end it held assets of $907k against liabilities of $521k, net assets of $386k.