Computer Technologies Program

Analysis

Computer Technologies Program is a registered charity in United States, based in Berkeley, CA. It received its IRS tax-exemption ruling in May 1982, 44 years ago. Its declared purposes cover employment, which this site groups under community and economic development. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Computer Technologies Program reported income of $862k and spending of $792k, spending 92% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $801k to $862k (+7.7%), an average of +2.5% a year. The sharpest change came in the year to June 2021, when income rose by 33%. Over the whole period it spent 103% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Computer Technologies Program sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within CA. Charities of a similar size with the same main cause include Genunity Inc ($862k), Harbor Bank of Maryland Community Development Corporation ($862k) and Hamilton Community Improvement Corporation ($862k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 18% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $100k (13% of expenses). Other salaries and wages came to $281k. At year end it held assets of $1.2m against liabilities of $1.1m, net assets of $106k. It reported 8 employees.