Spreckels Union Educational Foundation

Analysis

Spreckels Union Educational Foundation is a registered charity in United States, based in Spreckels, CA. It received its IRS tax-exemption ruling in November 1996, 30 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 August 2023, Spreckels Union Educational Foundation reported income of $90k and spending of $81k, spending 90% of its income. Across the 2 years on record, from August 2022 to August 2023, income grew from $14k to $90k (+526%), an average of +526% a year. The sharpest change came in the year to August 2023, when income rose by 526%. Over the whole period it spent 85% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Spreckels Union Educational Foundation sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 36th percentile within CA. Charities of a similar size with the same main cause include Dekalb School Employees Foundation Inc ($90k), Amicalola Emc TR ($90k) and Tidewater Charity Tournament Committee TCTC ($90k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 34% of the total. At year end it held assets of $107k against liabilities of $0, net assets of $107k.