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California Farm Bureau Scholarship Foundation

RegisteredEIN 94-6070123Sacramento, CAEducation and training
Income$109k2023-07
Spending$246ksame year
Spent / received82%5-year average
Size in its cause41st pctEducation and training
Exempt since2014Supporting organisation (typ
Employees0latest return

Analysis

California Farm Bureau Scholarship Foundation is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in November 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, California Farm Bureau Scholarship Foundation reported income of $109k and spending of $246k, spending 225% of what it took in. Across the 5 years on record, from July 2019 to July 2023, income fell from $353k to $109k (-69%), an average of -25% a year. The sharpest change came in the year to July 2022, when income rose by 117%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, California Farm Bureau Scholarship Foundation sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 41st percentile within CA. Charities of a similar size with the same main cause include Nava Center Inc ($109k), Rocklin Historical Society ($109k) and Magellan Partners for Education ($109k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 7.8% of the total. At year end it held assets of $5.5m against liabilities of $230k, net assets of $5.2m.

Income and spending

$0$105k$210k$316k$421k2019 Income: $353,2392019 Spending: $193,03320192020 Income: $193,5612020 Spending: $175,16020202021 Income: $194,3222021 Spending: $215,30020212022 Income: $420,7502022 Spending: $209,46920222023 Income: $109,3672023 Spending: $246,0262023
IncomeSpending

Where the income comes from

  • Contributions & grants 7.8%
  • Other 92%

Similar-sized charities, same cause

CharityLocationIncome
Nava Center IncPhiladelphia$109k
Rocklin Historical SocietyRocklin$109k
Magellan Partners for EducationRaleigh$109k
Arkansas Committed to Education FoundationLittle Rock$109k