California Family Foundation

Analysis

California Family Foundation is a registered charity in United States, based in Menlo Park, CA. It received its IRS tax-exemption ruling in June 1986, 40 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, California Family Foundation reported income of $13.1m and spending of $3.9m, leaving 70% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $4.5m to $13.1m (+192%), an average of +31% a year. The sharpest change came in the year to August 2023, when income rose by 148%. Over the whole period it spent 54% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, California Family Foundation sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include Campus Auxiliary Services Inc ($13.1m), Kipp Charlotte Inc ($13.1m) and Chartwell School ($13.1m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 82% and program service revenue 3.8% of the total. Compensation of current officers, directors and key employees was $202k (5.2% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $59.9m against liabilities of $5.0m, net assets of $54.9m. It reported 43 employees.