Can Do Education Foundation

Analysis

Can Do Education Foundation is a registered charity in United States, based in San Rafael, CA. It received its IRS tax-exemption ruling in February 1995, 31 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Can Do Education Foundation reported income of $827k and spending of $945k, spending 114% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $892k to $827k (-7.4%), an average of -1.9% a year. The sharpest change came in the year to June 2022, when income rose by 42%. Over the whole period it spent 102% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Can Do Education Foundation sits at the 79th percentile: it is larger than about 79% 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 Derech Etz Chaim Institutions ($826k), Mercy Hospital Foundation Inc ($827k) and Out of the Ashes Inc ($826k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $76k (8.1% of expenses). Other salaries and wages came to $56k. At year end it held assets of $378k against liabilities of $10k, net assets of $368k. It reported 3 employees.