Solvang School Education Foundation

Analysis

Solvang School Education Foundation is a registered charity in United States, based in Solvang, CA. It received its IRS tax-exemption ruling in May 1994, 32 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 2024, Solvang School Education Foundation reported income of $185k and spending of $208k, spending 112% of what it took in. Across the 3 years on record, from June 2022 to June 2024, income grew from $82k to $185k (+125%), an average of +50% a year. The sharpest change came in the year to June 2024, when income rose by 92%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Solvang School Education Foundation sits at the 53rd percentile: it is larger than about 53% 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 Corporation for the Dissemination ($185k), Sonshine Backpacks ($186k) and T H Rogers Chess Club ($185k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 97% of the total. At year end it held assets of $246k against liabilities of $0, net assets of $246k.