Ofl Capistrano Inc

Analysis

Ofl Capistrano Inc is a registered charity in United States, based in Pasadena, CA. It received its IRS tax-exemption ruling in September 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Ofl Capistrano Inc reported income of $2.9m and spending of $2.8m, spending 97% of its income. Across the 3 years on record, from June 2021 to June 2023, income fell from $8.8m to $2.9m (-67%), an average of -43% a year. The sharpest change came in the year to June 2022, when income dropped by 75%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ofl Capistrano Inc 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 89th percentile, and in the 89th percentile within CA. Charities of a similar size with the same main cause include Danielson Group Inc ($2.9m), Southern Tier Library System ($2.9m) and Hope for Hyndman Charter School ($2.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $4.7m against liabilities of $2.1m, net assets of $2.5m. It reported 15 employees.