Inglewood Educational Foundation

Analysis

Inglewood Educational Foundation is a registered charity in United States, based in Inglewood, CA. It received its IRS tax-exemption ruling in May 1999, 27 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 December 2023, Inglewood Educational Foundation reported income of $449k and spending of $222k, leaving 50% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $397k to $449k (+13%), an average of +13% a year. Over the whole period it spent 45% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Inglewood Educational Foundation sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 70th percentile within CA. Charities of a similar size with the same main cause include F H L Academy Inc ($449k), Ropes Rites of Passage and ($449k) and Thief River Falls Education Foundation ($449k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $798k against liabilities of $0, net assets of $798k.