Dewey & Irene Baldocchi Scholarship Fund for Higher Education Trust

Analysis

Dewey & Irene Baldocchi Scholarship Fund for Higher Education Trust is a registered charity in United States, based in Santa Rosa, CA. It received its IRS tax-exemption ruling in July 1994, 32 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Dewey & Irene Baldocchi Scholarship Fund for Higher Education Trust reported income of $56k and spending of $76k, spending 134% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $21k to $56k (+167%), an average of +28% a year. The sharpest change came in the year to December 2020, when income dropped by 398%. Over the whole period it spent 279% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Dewey & Irene Baldocchi Scholarship Fund for Higher Education Trust sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 24th percentile within CA. Charities of a similar size with the same main cause include PTA Oregon Congress ($56k), PTA California Congress of Parents Teachers & Students Inc ($56k) and Virginia Congress of Parents and Teachers ($56k).

At year end it held assets of $1.6m against liabilities of $0, net assets of $1.6m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.