Fremont Union High Schools Foundation

Analysis

Fremont Union High Schools Foundation is a registered charity in United States, based in Sunnyvale, CA. It received its IRS tax-exemption ruling in April 1985, 41 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, Fremont Union High Schools Foundation reported income of $392k and spending of $514k, spending 131% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $488k to $392k (-20%), an average of -4.3% a year. The sharpest change came in the year to June 2021, when income rose by 93%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fremont Union High Schools Foundation sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 68th percentile within CA. Charities of a similar size with the same main cause include Today Foundation ($391k), Mercer Area Family Education and Wellness Inc ($392k) and Buncombe Alternatives Incorporated ($391k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 82% of the total. At year end it held assets of $1.9m against liabilities of $2,581, net assets of $1.9m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.