Piedmont Educational Foundation

Analysis

Piedmont Educational Foundation is a registered charity in United States, based in Piedmont, CA. It received its IRS tax-exemption ruling in February 1979, 47 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, Piedmont Educational Foundation reported income of $4.4m and spending of $4.3m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.0m to $4.4m (+8.5%), an average of +2.1% a year. The sharpest change came in the year to June 2022, when income rose by 24%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Piedmont Educational Foundation sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within CA. Charities of a similar size with the same main cause include Empirical Resolution Inc ($4.4m), Higher Education Library Information Network Helin Inc ($4.4m) and Granite Education Foundation Inc ($4.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 84% and program service revenue 0.6% of the total. Compensation of current officers, directors and key employees was $137k (3.1% of expenses). At year end it held assets of $13.5m against liabilities of $58k, net assets of $13.5m. It reported 4 employees.