Southern California Education Fund

Analysis

Southern California Education Fund is a registered charity in United States, based in Burbank, CA. It received its IRS tax-exemption ruling in May 1982, 44 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 December 2023, Southern California Education Fund reported income of $564k and spending of $566k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $470k to $564k (+20%), an average of +4.7% a year. The sharpest change came in the year to December 2021, when income rose by 49%. Over the whole period it spent 75% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Southern California Education Fund sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within CA. Charities of a similar size with the same main cause include People Helping People in Need Inc ($564k), Variety-The Childrens Charity of Wisconsin Inc ($564k) and Our Brothers Keeper Inc ($564k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 32% of the total. Compensation of current officers, directors and key employees was $146k (26% of expenses). Other salaries and wages came to $196k. At year end it held assets of $1.3m against liabilities of $89k, net assets of $1.2m. It reported 4 employees.