Archie Tonge Education Fund

Analysis

Archie Tonge Education Fund is a registered charity in United States, based in Pollock Pines, CA. It received its IRS tax-exemption ruling in June 1968, 58 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Archie Tonge Education Fund reported income of $1.5m and spending of $812k, leaving 45% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $19k to $1.5m (+7755%), an average of +198% a year. The sharpest change came in the year to June 2021, when income rose by 8971%. Over the whole period it spent 71% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Archie Tonge Education Fund sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include Glacial Hills Elementary School ($1.5m), Cornerstone Crossroads Academy Inc ($1.5m) and Jesuit High School Foundation ($1.5m).

Compensation of current officers, directors and key employees was $46k (5.7% of expenses). At year end it held assets of $16.2m against liabilities of $0, net assets of $16.2m. It reported 1 employees.