Corte Madera Larkspur Foundation

Analysis

Corte Madera Larkspur Foundation is a registered charity in United States, based in Larkspur, CA. It received its IRS tax-exemption ruling in April 1987, 39 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Corte Madera Larkspur Foundation reported income of $1.4m and spending of $1.5m, spending 110% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.4m to $1.4m (+0.4%), an average of +0.1% a year. Over the whole period it spent 107% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Corte Madera Larkspur Foundation sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within CA. Charities of a similar size with the same main cause include San Diego Housing Federation ($1.4m), West Fallowfield Christian School ($1.4m) and Idaho STEM Academy Incorporated ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 104% of the total. Compensation of current officers, directors and key employees was $111k (7.4% of expenses). Other salaries and wages came to $69k. At year end it held assets of $783k against liabilities of $0, net assets of $783k. It reported 4 employees.