Orange County Teachers of the Year Award Foundation

Analysis

Orange County Teachers of the Year Award Foundation is a registered charity in United States, based in Costa Mesa, CA. It received its IRS tax-exemption ruling in August 2019, 7 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 December 2023, Orange County Teachers of the Year Award Foundation reported income of $1.6m and spending of $458k, leaving 71% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $1.2m to $1.6m (+38%), an average of +6.6% a year. The sharpest change came in the year to December 2022, when income rose by 12296%. Over the whole period it spent 32% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Orange County Teachers of the Year Award Foundation sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within CA. Charities of a similar size with the same main cause include United Way of Fairfield County ($1.6m), Rabbi Gary a Glickstein Foundation of Temple Bath Sholom of Miami ($1.6m) and Community Foundation of Otsego County Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $2.2m against liabilities of $0, net assets of $2.2m.