10000 Degrees

Analysis

10000 Degrees is a registered charity in United States, based in San Rafael, CA. It received its IRS tax-exemption ruling in May 1981, 45 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, 10000 Degrees reported income of $21.8m and spending of $21.9m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $12.9m to $21.8m (+69%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 79%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, 10000 Degrees sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within CA. Charities of a similar size with the same main cause include Henderson Collegiate ($21.7m), Esperanza Cyber Charter School ($21.8m) and True North Classical Academy Inc ($21.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 1.3% of the total. Compensation of current officers, directors and key employees was $761k (3.5% of expenses). Other salaries and wages came to $7.7m. At year end it held assets of $31.5m against liabilities of $6.6m, net assets of $25.0m. It reported 142 employees.