Foundation West

Analysis

Foundation West is a registered charity in United States, based in Fresno, CA. It received its IRS tax-exemption ruling in February 1983, 43 years ago. Its declared purposes cover education, which this site groups under education and training. 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 West reported income of $1.8m and spending of $1.7m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.4m to $1.8m (+27%), an average of +6.2% a year. The sharpest change came in the year to June 2022, when income rose by 201%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Foundation West sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include Oregon Translational Research Anddrug Development Institute ($1.8m), Life Christian Academy ($1.8m) and Western New Mexico University Foundation ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 13% of the total. At year end it held assets of $789k against liabilities of $0, net assets of $789k.