The Foundation for Fresno Unified Students

Analysis

The Foundation for Fresno Unified Students is a registered charity in United States, based in Fresno, CA. It received its IRS tax-exemption ruling in September 2021, 5 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, The Foundation for Fresno Unified Students reported income of $20.9m and spending of $96k, leaving 100% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $13k to $20.9m (+163435%), an average of +163435% a year. The sharpest change came in the year to June 2023, when income rose by 163435%. Over the whole period it spent 0.5% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Foundation for Fresno Unified Students sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within CA. Charities of a similar size with the same main cause include Array Education Inc ($20.9m), Griffin Technology Academies ($20.9m) and Saint Augustines College ($20.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $20.8m against liabilities of $30k, net assets of $20.8m.