Santa Clarita Valley Education Foundation

Analysis

Santa Clarita Valley Education Foundation is a registered charity in United States, based in Santa Clarita, CA. It received its IRS tax-exemption ruling in November 1995, 31 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Santa Clarita Valley Education Foundation reported income of $91k and spending of $98k, spending 108% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $76k to $91k (+20%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 97% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Santa Clarita Valley Education Foundation sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 37th percentile within CA. Charities of a similar size with the same main cause include Harry Veterans Community Outreach Services Inc ($91k), Montgomery County Economic Development Corporation ($91k) and Black-Owned Business Excellence ($91k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 63% of the total. At year end it held assets of $127k against liabilities of $150, net assets of $127k.