Alameda Education Foundation

Analysis

Alameda Education Foundation is a registered charity in United States, based in Alameda, CA. It received its IRS tax-exemption ruling in March 1984, 42 years ago. 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 2024, Alameda Education Foundation reported income of $903k and spending of $848k, spending 94% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $924k to $903k (-2.3%), an average of -0.5% a year. The sharpest change came in the year to June 2022, when income rose by 58%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Alameda Education Foundation sits at the 76th percentile: it is larger than about 76% 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 National Association of Regional Councils ($903k), Topsham Public Library ($903k) and Small World Preschool of Mountain Home Inc ($903k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 16% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $98k (12% of expenses). Other salaries and wages came to $94k. At year end it held assets of $1.3m against liabilities of $227k, net assets of $1.1m. It reported 4 employees.