The California Education Partners

Analysis

The California Education Partners is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in January 2011, 15 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 December 2023, The California Education Partners reported income of $5.4m and spending of $6.8m, spending 127% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.1m to $5.4m (+71%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 63%. Over the whole period it spent 134% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The California Education Partners sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within CA. Charities of a similar size with the same main cause include Buffalo State College Foundation Housing Corporation ($5.4m), Lead Education Foundation ($5.4m) and Hilltop Preparatory School Inc ($5.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $344k (5.0% of expenses). Other salaries and wages came to $3.1m. At year end it held assets of $14.4m against liabilities of $1.5m, net assets of $13.0m. It reported 22 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.