Castro Valley Educational Foundation

Analysis

Castro Valley Educational Foundation is a registered charity in United States, based in Castro Valley, CA. It received its IRS tax-exemption ruling in July 1982, 44 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, Castro Valley Educational Foundation reported income of $146k and spending of $152k, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $135k to $146k (+8.3%), an average of +2.0% a year. The sharpest change came in the year to June 2021, when income rose by 121%. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Castro Valley Educational Foundation sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 49th percentile within CA. Charities of a similar size with the same main cause include Fort Stockton Community Theatre Inc ($146k), Sturgeon Bay Yacht Club Sail Training Foundation Inc ($146k) and Bell Township Volunteer Fire Department ($146k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 79% of the total. At year end it held assets of $1.5m against liabilities of $0, net assets of $1.5m.