Cabrillo Education Foundation

Analysis

Cabrillo Education Foundation is a registered charity in United States, based in Half Moon Bay, CA. It received its IRS tax-exemption ruling in June 1986, 40 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 December 2023, Cabrillo Education Foundation reported income of $343k and spending of $418k, spending 122% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $374k to $343k (-8.4%), an average of -2.2% a year. The sharpest change came in the year to December 2021, when income rose by 61%. Over the whole period it spent 122% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cabrillo Education Foundation sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within CA. Charities of a similar size with the same main cause include Friends of Jug Bay Wetlands Sanctuary Inc ($343k), New Horizons for Children Inc ($343k) and Epilepsy Assn of Western New York ($343k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% of the total. Other salaries and wages came to $113k. At year end it held assets of $3.3m against liabilities of $17k, net assets of $3.3m. It reported 1 employees.