West Contra Costa Public Education Fund

Analysis

West Contra Costa Public Education Fund is a registered charity in United States, based in Richmond, CA. It received its IRS tax-exemption ruling in February 1984, 42 years ago. 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, West Contra Costa Public Education Fund reported income of $6.6m and spending of $5.1m, leaving 22% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $874k to $6.6m (+651%), an average of +66% a year. The sharpest change came in the year to June 2020, when income rose by 247%. Over the whole period it spent 77% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, West Contra Costa Public Education Fund sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include Mental Health Association in Ulster County Inc ($6.6m), Rock Walworth Comprehensive Family Services Inc ($6.6m) and Southwest Wisconsin Workforce Development Board Inc ($6.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 67% and program service revenue 32% of the total. Compensation of current officers, directors and key employees was $127k (2.5% of expenses). Other salaries and wages came to $559k. At year end it held assets of $7.9m against liabilities of $527k, net assets of $7.4m. It reported 19 employees.