LA Canada Flintridge Educational Foundation

Analysis

LA Canada Flintridge Educational Foundation is a registered charity in United States, based in LA Canada Flintridge, CA. It received its IRS tax-exemption ruling in October 1978, 48 years ago. 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, LA Canada Flintridge Educational Foundation reported income of $3.3m and spending of $3.1m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.1m to $3.3m (+7.5%), an average of +1.8% a year. The sharpest change came in the year to June 2022, when income rose by 31%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, LA Canada Flintridge Educational 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 90th percentile, and in the 90th percentile within CA. Charities of a similar size with the same main cause include Help Hotline Crisis Center Inc ($3.3m), Rural Water Association of Utah ($3.3m) and Adapt Incorporated ($3.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 69% of the total. Compensation of current officers, directors and key employees was $77k (2.5% of expenses). Other salaries and wages came to $97k. At year end it held assets of $13.5m against liabilities of $2.4m, net assets of $11.1m. It reported 3 employees.