Walnut Creek Education Foundation K-12

Analysis

Walnut Creek Education Foundation K-12 is a registered charity in United States, based in Walnut Creek, CA. It received its IRS tax-exemption ruling in November 1983, 43 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, Walnut Creek Education Foundation K-12 reported income of $1.5m and spending of $1.4m, spending 95% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.3m to $1.5m (+15%), an average of +3.6% a year. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Walnut Creek Education Foundation K-12 sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include Field & Fork Network Inc ($1.5m), Ursuline Sisters Mission ($1.5m) and McKeesport Hospital Foundation ($1.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $58k (4.1% of expenses). At year end it held assets of $558k against liabilities of -$1,331, net assets of $560k. It reported 1 employees.