Reedley College Foundation

Analysis

Reedley College Foundation is a registered charity in United States, based in Reedley, CA. It received its IRS tax-exemption ruling in January 1967, 59 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Reedley College Foundation reported income of $119k and spending of $63k, leaving 47% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $94k to $119k (+26%), an average of +6.0% a year. The sharpest change came in the year to June 2023, when income dropped by 119%. Over the whole period it spent 55% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Reedley College 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 41st percentile, and in the 44th percentile within CA. Charities of a similar size with the same main cause include Parent-Teacher Organization ($119k), Amador Valley Scholarships Inc ($119k) and 4035 PTA Congress of Parents Teachers and Students ($119k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 63% of the total. At year end it held assets of $1.4m against liabilities of $206k, net assets of $1.2m.