Los Altos Educational Foundation

Analysis

Los Altos Educational Foundation is a registered charity in United States, based in Los Altos, CA. It received its IRS tax-exemption ruling in April 1984, 42 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Los Altos Educational Foundation reported income of $2.6m and spending of $2.9m, spending 113% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.7m to $2.6m (-29%), an average of -8.3% a year. The sharpest change came in the year to June 2021, when income dropped by 20%. Over the whole period it spent 100% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Los Altos Educational Foundation sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within CA. Charities of a similar size with the same main cause include The West Marin Fund ($2.6m), American Communities Trust Inc ($2.6m) and Goodie Two Shoes Foundation ($2.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 107% of the total. Compensation of current officers, directors and key employees was $144k (4.9% of expenses). Other salaries and wages came to $73k. At year end it held assets of $3.3m against liabilities of $3,871, net assets of $3.3m. It reported 3 employees.