El Sol Academy Foundation

Analysis

El Sol Academy Foundation is a registered charity in United States, based in Santa Ana, CA. It received its IRS tax-exemption ruling in June 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, El Sol Academy Foundation reported income of $345k and spending of $143k, leaving 59% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $460k to $345k (-25%), an average of -6.9% a year. The sharpest change came in the year to June 2020, when income rose by 56%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, El Sol Academy Foundation sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within CA. Charities of a similar size with the same main cause include Friends of Yeshiva Ohr Elchonon Inc ($345k), Grapevine Mustang Football Booster Club ($345k) and New Horizons at 81 Ltd ($345k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 113% of the total. At year end it held assets of $635k against liabilities of $0, net assets of $635k.