El Camino Community College District Foundation

Analysis

El Camino Community College District Foundation is a registered charity in United States, based in Torrance, CA. It received its IRS tax-exemption ruling in November 1983, 43 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, El Camino Community College District Foundation reported income of $2.9m and spending of $2.2m, leaving 25% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.5m to $2.9m (-18%), an average of -4.9% a year. The sharpest change came in the year to June 2021, when income rose by 103%. Over the whole period it spent 58% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, El Camino Community College District Foundation sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within CA. Charities of a similar size with the same main cause include National Cyber Security Alliance ($2.9m), The Thoracic Surgery Foundation ($2.9m) and Operating Eng 37 Apprentice Training Fund ($2.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 72% and program service revenue 3.2% of the total. Other salaries and wages came to $306k. At year end it held assets of $18.9m against liabilities of $1.0m, net assets of $17.9m.