California Retired Teachers Assoc- Laura E Settle Scholarship Foundat

Analysis

California Retired Teachers Assoc- Laura E Settle Scholarship Foundat is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in October 2003, 23 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 2023, California Retired Teachers Assoc- Laura E Settle Scholarship Foundat reported income of $157k and spending of $135k, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $114k to $157k (+38%), an average of +8.4% a year. The sharpest change came in the year to June 2021, when income rose by 596%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, California Retired Teachers Assoc- Laura E Settle Scholarship Foundat sits at the 50th percentile: it is larger than about 50% 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 Shippensburg Area School District Foundation ($157k), Blessed Star Christian School Inc ($157k) and Literacy Volunteers on the Green ($157k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.9% of the total. At year end it held assets of $2.8m against liabilities of $6,633, net assets of $2.8m.