Corning Union High School Charitable Private Foundation

Analysis

Corning Union High School Charitable Private Foundation is a registered charity in United States, based in Corning, CA. It received its IRS tax-exemption ruling in November 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Corning Union High School Charitable Private Foundation reported income of $398k and spending of $219k, leaving 45% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $135k to $398k (+196%), an average of +31% a year. The sharpest change came in the year to June 2022, when income rose by 179%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Corning Union High School Charitable Private Foundation sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 68th percentile within CA. Charities of a similar size with the same main cause include Boxboro Children Center Inc ($398k), Trustees of Leavitt Institute ($398k) and Isb Atlanta Corporation ($398k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 54% and program service revenue 3.8% of the total. Other salaries and wages came to $69k. At year end it held assets of $4.2m against liabilities of $98k, net assets of $4.1m.