College of Marin Foundation

Analysis

College of Marin Foundation is a registered charity in United States, based in Kentfield, CA. It received its IRS tax-exemption ruling in January 1965, 61 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, College of Marin Foundation reported income of $4.7m and spending of $1.1m, leaving 76% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $418k to $4.7m (+1013%), an average of +83% a year. The sharpest change came in the year to June 2021, when income rose by 536%. Over the whole period it spent 25% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, College of Marin Foundation sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within CA. Charities of a similar size with the same main cause include Yeshivat Maharat Inc ($4.7m), Floyd County Community Action ($4.7m) and Order of the Fishermen Ministry Head Start Program Inc ($4.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 78% of the total. At year end it held assets of $14.5m against liabilities of $156k, net assets of $14.4m.