College of the Sequoias Foundation

Analysis

College of the Sequoias Foundation is a registered charity in United States, based in Visalia, CA. It received its IRS tax-exemption ruling in October 1985, 41 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, College of the Sequoias Foundation reported income of $2.2m and spending of $1.5m, leaving 29% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.5m to $2.2m (+47%), an average of +10% a year. The sharpest change came in the year to June 2021, when income rose by 149%. Over the whole period it spent 53% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, College of the Sequoias Foundation sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within CA. Charities of a similar size with the same main cause include Virginia Association of Chiefs of Police and Foundation Inc ($2.2m), Delaware Aerospace Education Foundation ($2.2m) and Aaaa Foundation Inc ($2.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 61% and program service revenue 8.2% of the total. At year end it held assets of $17.3m against liabilities of $0, net assets of $17.3m.