Moreland Educational Foundation

Analysis

Moreland Educational Foundation is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in November 1993, 33 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, Moreland Educational Foundation reported income of $185k and spending of $250k, spending 135% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $553k to $185k (-67%), an average of -31% a year. The sharpest change came in the year to June 2021, when income dropped by 67%. Over the whole period it spent 99% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Moreland Educational Foundation sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 54th percentile within CA. Charities of a similar size with the same main cause include River City Youth ($185k), Suited for Success Inc ($185k) and Brilliance Labs ($185k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 66% and program service revenue 33% of the total. At year end it held assets of $270k against liabilities of $781, net assets of $269k.