Moraga Educational Foundation
Analysis
Moraga Educational Foundation is a registered charity in United States, based in Moraga, CA. It received its IRS tax-exemption ruling in March 1982, 44 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 2023, Moraga Educational Foundation reported income of $2.9m and spending of $2.8m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.7m to $2.9m (+6.2%), an average of +1.5% a year. The sharpest change came in the year to June 2022, when income rose by 24%. Over the whole period it spent 94% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Moraga Educational Foundation sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within CA. Charities of a similar size with the same main cause include Metropolitan Learning Institute Inc ($2.9m), College of Lake County Foundation ($2.9m) and Laverne Elementary Preparartory Academy Foundation ($2.9m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 90% of the total. Compensation of current officers, directors and key employees was $62k (2.2% of expenses). Other salaries and wages came to $27k. At year end it held assets of $4.8m against liabilities of $39k, net assets of $4.7m. It reported 2 employees.
Income and spending
Where the income comes from
- Contributions & grants 90%
- Other 9.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Metropolitan Learning Institute Inc | Rego Park | $2.9m |
| College of Lake County Foundation | Grayslake | $2.9m |
| Laverne Elementary Preparartory Academy Foundation | Hesperia | $2.9m |
| River Valley Charter School | Lakeside | $2.9m |