San Luis Coastal Education Foundation

Analysis

San Luis Coastal Education Foundation is a registered charity in United States, based in SN Luis Obisp, CA. It received its IRS tax-exemption ruling in November 2018, 8 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, San Luis Coastal Education Foundation reported income of $1.3m and spending of $695k, leaving 45% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income fell from $11.4m to $1.3m (-89%), an average of -42% a year. The sharpest change came in the year to June 2024, when income rose by 112%. Over the whole period it spent 21% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, San Luis Coastal Education Foundation sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within CA. Charities of a similar size with the same main cause include Que Tal Language Program ($1.3m), Berks Latino Workforce Development Corporation ($1.3m) and Silicon Valley Urban Debate League ($1.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 61% of the total. Other salaries and wages came to $156k. At year end it held assets of $12.6m against liabilities of $38k, net assets of $12.6m. It reported 2 employees.