Acec California Scholarship Foundation
Analysis
Acec California Scholarship Foundation is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in December 1987, 39 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, Acec California Scholarship Foundation reported income of $157k and spending of $69k, leaving 56% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $66k to $157k (+136%), an average of +19% a year. The sharpest change came in the year to June 2024, when income rose by 77%. Over the whole period it spent 67% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Acec California Scholarship Foundation sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 50th percentile within CA. Charities of a similar size with the same main cause include Friends of the Academy at the Farm Inc ($157k), Acacia Elementary School Foundation ($157k) and Community Library of Northern Williamson County ($157k).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% of the total. At year end it held assets of $775k against liabilities of $0, net assets of $775k.
Income and spending
Where the income comes from
- Contributions & grants 99%
- Other 1.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Friends of the Academy at the Farm Inc | Dade City | $157k |
| Acacia Elementary School Foundation | Fullerton | $157k |
| Community Library of Northern Williamson County | Jarrell | $157k |
| Microfinance Opportunities Inc | Cambridge | $157k |