Street Academy Foundation

Analysis

Street Academy Foundation is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in May 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Street Academy Foundation reported income of $821k and spending of $909k, spending 111% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $1.0m to $821k (-21%), an average of -4.7% a year. The sharpest change came in the year to June 2023, when income rose by 63%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Street Academy Foundation sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within CA. Charities of a similar size with the same main cause include Mesivta Yeshiva of Chestnut Ridge ($821k), Kenter Canyon School Parents Support Group ($821k) and American College of Bankruptcy Foundation ($821k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $75k (8.3% of expenses). Other salaries and wages came to $515k. At year end it held assets of $378k against liabilities of $14k, net assets of $364k. It reported 20 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.