Pec US Alumina Educational Foundation

Analysis

Pec US Alumina Educational Foundation is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in December 2021, 5 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Pec US Alumina Educational Foundation reported income of $85k and spending of $80k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $62k to $85k (+37%), an average of +37% a year. The sharpest change came in the year to December 2023, when income rose by 37%. Over the whole period it spent 94% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Pec US Alumina Educational Foundation sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 35th percentile within CA. Charities of a similar size with the same main cause include Cozy Haven Homes Inc ($85k), Cleave II Nonprofit Housing Corporation ($85k) and Lakeside Place Inc ($85k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $9,109 against liabilities of $0, net assets of $9,109.