Las Positas College Foundation

Analysis

Las Positas College Foundation is a registered charity in United States, based in Livermore, CA. It received its IRS tax-exemption ruling in December 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Las Positas College Foundation reported income of $849k and spending of $934k, spending 110% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.1m to $849k (-26%), an average of -7.2% a year. The sharpest change came in the year to June 2021, when income dropped by 41%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Las Positas College Foundation sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within CA. Charities of a similar size with the same main cause include Luster Learning Institute NFP ($849k), Concordia University Foundation ($850k) and Great Commission University Inc ($849k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 54% of the total. Compensation of current officers, directors and key employees was $55k (5.9% of expenses). Other salaries and wages came to $65k. At year end it held assets of $10.1m against liabilities of $184k, net assets of $10.0m.