Foundation for Excellence Inc

Analysis

Foundation for Excellence Inc is a registered charity in United States, based in Sunnyvale, CA. It received its IRS tax-exemption ruling in March 1999, 27 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 March 2023, Foundation for Excellence Inc reported income of $2.3m and spending of $2.1m, spending 89% of its income. Across the 5 years on record, from March 2019 to March 2023, income grew from $1.6m to $2.3m (+46%), an average of +9.8% a year. The sharpest change came in the year to March 2022, when income rose by 36%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Foundation for Excellence Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within CA. Charities of a similar size with the same main cause include Bethesda University ($2.3m), Gem Prep Twin Falls LLC ($2.3m) and Evansville Plumbers Apprentice Training Trust Fund ($2.3m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 102% of the total. At year end it held assets of $1.5m against liabilities of $15, net assets of $1.5m.