Primary Educational Foundation

Analysis

Primary Educational Foundation is a registered charity in United States, based in LA Crescenta, CA. It received its IRS tax-exemption ruling in December 2000, 26 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Primary Educational Foundation reported income of $1.4m and spending of $1.6m, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.4m (+26%), an average of +5.9% a year. The sharpest change came in the year to December 2021, when income rose by 45%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Primary Educational Foundation sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include Athens Christian Preparatory Academy ($1.4m), Colorado Plateau Foundation ($1.4m) and Yeshiva Arzei Levanon ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $805k. At year end it held assets of $420k against liabilities of $500k, net assets of -$80k.