California Budget & Policy Center

Analysis

California Budget & Policy Center is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in March 1995, 31 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 December 2023, California Budget & Policy Center reported income of $6.7m and spending of $3.4m, leaving 49% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.5m to $6.7m (+91%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 159%. Over the whole period it spent 70% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, California Budget & Policy Center sits at the 91st percentile: it is larger than about 91% 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 Hopeworks N Camden Inc ($6.7m), Beacon Academy a Montessori High School ($6.7m) and Grymes Memorial School Inc ($6.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 1.8% of the total. Compensation of current officers, directors and key employees was $276k (8.1% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $9.8m against liabilities of $661k, net assets of $9.1m. It reported 21 employees.