Pasadena Altadena Community Endowment Fund

Analysis

Pasadena Altadena Community Endowment Fund is a registered charity in United States, based in Pasadena, CA. It received its IRS tax-exemption ruling in July 2000, 26 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 2024, Pasadena Altadena Community Endowment Fund reported income of $181k and spending of $133k, leaving 27% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $101k to $181k (+78%), an average of +16% a year. The sharpest change came in the year to June 2024, when income rose by 55%. Over the whole period it spent 57% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Pasadena Altadena Community Endowment Fund sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 54th percentile within CA. Charities of a similar size with the same main cause include California Virtual Academy- Jamestown ($181k), Anderson Five Education Foundation ($181k) and Satellite Touch Down Club Inc ($181k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 83% of the total. At year end it held assets of $730k against liabilities of $0, net assets of $730k.