Foundation for Early Childhood Education

Analysis

Foundation for Early Childhood Education is a registered charity in United States, based in Pasadena, CA. It received its IRS tax-exemption ruling in July 1969, 57 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, Foundation for Early Childhood Education reported income of $15.3m and spending of $15.1m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $9.2m to $15.3m (+67%), an average of +14% a year. The sharpest change came in the year to June 2023, when income rose by 30%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Foundation for Early Childhood Education sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within CA. Charities of a similar size with the same main cause include University of Central Missouri Foundation ($15.3m), Renaissance Charter School ($15.3m) and Heritage Academy Inc ($15.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $751k (5.0% of expenses). Other salaries and wages came to $5.5m. At year end it held assets of $3.9m against liabilities of $3.6m, net assets of $325k. It reported 151 employees.