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Computers for Classrooms Inc

RegisteredEIN 68-0480598Chico, CAEducation and training
Income$948k2023-12
Spending$791ksame year
Spent / received74%5-year average
Size in its cause75th pctEducation and training
Exempt since2001Publicly supported organisat
Employees8latest return

Analysis

Computers for Classrooms Inc is a registered charity in United States, based in Chico, CA. It received its IRS tax-exemption ruling in September 2001, 25 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, Computers for Classrooms Inc reported income of $948k and spending of $791k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $771k to $948k (+23%), an average of +5.3% a year. The sharpest change came in the year to December 2020, when income rose by 21%. Over the whole period it spent 74% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Computers for Classrooms Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within CA. Charities of a similar size with the same main cause include College of American Pathologists Foundation ($948k), Raleigh Charter High School Foundation Inc ($948k) and Cheder Scholarship Organization Inc ($947k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $91k (12% of expenses). Other salaries and wages came to $271k. At year end it held assets of $1.7m against liabilities of $15k, net assets of $1.7m. It reported 8 employees.

Income and spending

$0$252k$505k$757k$1.0m2019 Income: $770,5042019 Spending: $586,42620192020 Income: $932,4292020 Spending: $596,20220202021 Income: $1,009,0272021 Spending: $702,03220212022 Income: $920,9732022 Spending: $724,21220222023 Income: $947,7312023 Spending: $790,5312023
IncomeSpending

Where the income comes from

  • Contributions & grants 0.1%
  • Program services 95%
  • Other 5.0%

Similar-sized charities, same cause

CharityLocationIncome
College of American Pathologists FoundationNorthfield$948k
Raleigh Charter High School Foundation IncRaleigh$948k
Cheder Scholarship Organization IncTucson$947k
Mentoring in Medicine IncNew Rochelle$948k