Foundation for Educational Administration

Analysis

Foundation for Educational Administration is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in February 1981, 45 years ago. 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 June 2023, Foundation for Educational Administration reported income of $7.7m and spending of $7.3m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.5m to $7.7m (+3.0%), an average of +0.7% a year. The sharpest change came in the year to June 2022, when income rose by 52%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Foundation for Educational Administration sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include Usta-Pacific Northwest Section ($7.7m), City Gospel Mission ($7.7m) and American Lutheran Church-Northland Luthern Services for the Elderly ($7.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.9% and program service revenue 98% of the total. Other salaries and wages came to $1.3m. At year end it held assets of $851k against liabilities of $9.4m, net assets of -$8.5m.