College of the Desert Foundation

Analysis

College of the Desert Foundation is a registered charity in United States, based in Palm Desert, CA. It received its IRS tax-exemption ruling in September 1983, 43 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, College of the Desert Foundation reported income of $3.5m and spending of $3.2m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $4.2m to $3.5m (-17%), an average of -4.6% a year. The sharpest change came in the year to June 2021, when income rose by 694%. Over the whole period it spent 43% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, College of the Desert Foundation sits at the 86th percentile: it is larger than about 86% 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 Chrysalis Charter School ($3.5m), Clay County Educational Foundation Inc ($3.5m) and Unc Hussman School of Journalism and Media Foundation ($3.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 74% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $52.7m against liabilities of $376k, net assets of $52.3m.