Families in Action for Quality Education

Analysis

Families in Action for Quality Education is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in May 2022, 4 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 2023, Families in Action for Quality Education reported income of $1.7m and spending of $1.3m, spending 82% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $901k to $1.7m (+84%), an average of +84% a year. The sharpest change came in the year to June 2023, when income rose by 84%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Families in Action for Quality Education sits at the 80th percentile: it is larger than about 80% 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 Nioga Library System ($1.7m), Laconia Christian Academy Inc ($1.7m) and Wildflower Foundation ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 83% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $264k (20% of expenses). Other salaries and wages came to $424k. At year end it held assets of $327k against liabilities of $62k, net assets of $265k. It reported 8 employees.