Laguna Beach Education Endowment Fund

Analysis

Laguna Beach Education Endowment Fund is a registered charity in United States, based in Laguna Beach, CA. It received its IRS tax-exemption ruling in July 1990, 36 years ago. 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, Laguna Beach Education Endowment Fund reported income of $124k and spending of $169k, spending 136% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $373k to $124k (-67%), an average of -20% a year. The sharpest change came in the year to June 2021, when income rose by 52%. Over the whole period it spent 43% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Laguna Beach Education Endowment Fund sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 45th percentile within CA. Charities of a similar size with the same main cause include Angels Recovery House ($124k), Friends of MSF at Uga Inc ($124k) and Salida Pregnacy Resource Center Inc ($124k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 40% of the total. At year end it held assets of $5.3m against liabilities of $0, net assets of $5.3m.