Allgire Foundation

Analysis

Allgire Foundation is a registered charity in United States, based in Carlsbad, CA. It received its IRS tax-exemption ruling in May 2020, 6 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 December 2023, Allgire Foundation reported income of $241k and spending of $226k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $1.5m to $241k (-84%), an average of -84% a year. The sharpest change came in the year to December 2023, when income dropped by 84%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Allgire Foundation sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 60th percentile within CA. Charities of a similar size with the same main cause include Monroe Public Schools Foundation ($241k), Valle Schools Foundation Inc ($241k) and Faith Services ($241k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% of the total. At year end it held assets of $11k against liabilities of $142k, net assets of -$131k.