Citrus College Foundation

Analysis

Citrus College Foundation is a registered charity in United States, based in Glendora, CA. It received its IRS tax-exemption ruling in September 1966, 60 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2023, Citrus College Foundation reported income of $1.1m and spending of $657k, leaving 38% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $599k to $1.1m (+76%), an average of +15% a year. The sharpest change came in the year to June 2023, when income rose by 54%. Over the whole period it spent 69% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Citrus College Foundation sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within CA. Charities of a similar size with the same main cause include Renaissance Technical Institute Inc ($1.1m), American Congregational Association ($1.1m) and Clark Fork School Inc ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 73% of the total. Other salaries and wages came to $72k. At year end it held assets of $12.8m against liabilities of $123k, net assets of $12.6m.