Alhambra Educational Foundation

Analysis

Alhambra Educational Foundation is a registered charity in United States, based in Alhambra, CA. It received its IRS tax-exemption ruling in September 1994, 32 years ago. Its declared purposes cover mutual and membership benefit, which this site groups under other charitable purposes. 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 July 2023, Alhambra Educational Foundation reported income of $660k and spending of $682k, spending 103% of its income. Across the 5 years on record, from July 2019 to July 2023, income fell from $889k to $660k (-26%), an average of -7.2% a year. The sharpest change came in the year to July 2021, when income rose by 99%. Over the whole period it spent 107% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Alhambra Educational Foundation sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 76th percentile within CA. Charities of a similar size with the same main cause include Black Business Alliance Peoria Chapter Inc ($660k), Pine Ridge Residence Inc ($660k) and National Arab Orchestra ($660k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 7.1% and program service revenue 92% of the total. Other salaries and wages came to $475k. At year end it held assets of $444k against liabilities of $239k, net assets of $205k. It reported 78 employees.