Delek Childrens Foundation

Analysis

Delek Childrens Foundation is a registered charity in United States, based in Richmond, CA. It received its IRS tax-exemption ruling in March 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Delek Childrens Foundation reported income of $147k and spending of $59k, leaving 60% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $116k to $147k (+26%), an average of +26% a year. The sharpest change came in the year to December 2023, when income rose by 26%. Over the whole period it spent 110% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Delek Childrens Foundation sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 49th percentile within CA. Charities of a similar size with the same main cause include Terre Haute South Vigo High School Band Boosters Inc ($147k), Pittsburgh Education Recruitment Consortium ($147k) and The Delaware State Chamber Foundation ($147k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 0.8% of the total. At year end it held assets of $190k against liabilities of $3,344, net assets of $187k.