Chaffey College Foundation

Analysis

Chaffey College Foundation is a registered charity in United States, based in RCH Cucamonga, CA. It received its IRS tax-exemption ruling in June 1992, 34 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, Chaffey College Foundation reported income of $4.7m and spending of $2.2m, leaving 52% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.1m to $4.7m (+119%), an average of +22% a year. The sharpest change came in the year to June 2022, when income rose by 95%. Over the whole period it spent 58% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Chaffey College 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 92nd percentile, and in the 92nd percentile within CA. Charities of a similar size with the same main cause include Publicolor Inc ($4.7m), Wayne County School Foundation ($4.7m) and Rocky Mountain Academy of Evergreen Inc ($4.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% of the total. Other salaries and wages came to $322k. At year end it held assets of $11.1m against liabilities of $610k, net assets of $10.5m.