Cupertino Educational Endowment

Analysis

Cupertino Educational Endowment is a registered charity in United States, based in Cupertino, CA. It received its IRS tax-exemption ruling in September 1985, 41 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Cupertino Educational Endowment reported income of $149k and spending of $395k, spending 265% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $513k to $149k (-71%), an average of -27% a year. The sharpest change came in the year to June 2021, when income rose by 205%. Over the whole period it spent 105% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cupertino Educational Endowment sits at the 49th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 49th percentile within CA. Charities of a similar size with the same main cause include North East Biosolids and Residuals Association ($149k), Squirrel Hollow Inc ($149k) and Lagoon Play Group ($149k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 51% of the total. At year end it held assets of $8.3m against liabilities of $19k, net assets of $8.2m.