Buchanan Foundation

Analysis

Buchanan Foundation is a registered charity in United States, based in Clovis, CA. It received its IRS tax-exemption ruling in January 1993, 33 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, Buchanan Foundation reported income of $1.8m and spending of $1.8m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.3m to $1.8m (+35%), an average of +7.8% a year. The sharpest change came in the year to June 2022, when income rose by 230%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Buchanan Foundation sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include College Options ($1.8m), Northfield Montessori ($1.8m) and Leaven Kids ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $601k against liabilities of $0, net assets of $601k.