Bakersfield Catholic Education Foundation

Analysis

Bakersfield Catholic Education Foundation is a registered charity in United States, based in Bakersfield, CA. It received its IRS tax-exemption ruling in October 1995, 31 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 December 2023, Bakersfield Catholic Education Foundation reported income of $836k and spending of $1.3m, spending 151% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $314k to $836k (+167%), an average of +22% a year. The sharpest change came in the year to December 2020, when income rose by 342%. Over the whole period it spent 35% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bakersfield Catholic Education 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 Refine Therapeutic Learning Center Inc ($836k), Chartersource ($836k) and Alberta Bible College ($836k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% of the total. Other salaries and wages came to $36k. At year end it held assets of $15.2m against liabilities of $90k, net assets of $15.1m.