Orchard Foundation

Analysis

Orchard Foundation is a registered charity in United States, based in Alexandria, LA. It received its IRS tax-exemption ruling in November 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Orchard Foundation reported income of $5.5m and spending of $3.8m, leaving 31% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.3m to $5.5m (+28%), an average of +6.3% a year. The sharpest change came in the year to December 2023, when income rose by 846%. Over the whole period it spent 78% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Orchard Foundation sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within LA. Charities of a similar size with the same main cause include Four Rivers Community School Inc ($5.5m), Indianapolis Public Schools Education Foundation Inc ($5.5m) and Yeshiva of Las Vegas ($5.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $142k (3.7% of expenses). Other salaries and wages came to $269k. At year end it held assets of $6.6m against liabilities of $366k, net assets of $6.2m.