Education Resource Fund

Analysis

Education Resource Fund is a registered charity in United States, based in Laguna Hills, CA. It received its IRS tax-exemption ruling in June 2002, 24 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, Education Resource Fund reported income of $291k and spending of $325k, spending 112% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $392k to $291k (-26%), an average of -26% a year. The sharpest change came in the year to December 2023, when income dropped by 26%. 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, Education Resource Fund sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within CA. Charities of a similar size with the same main cause include Centennial High School Band Boosters ($291k), Chhandayan Inc ($291k) and Eagle Foundation ($290k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.0% of the total. At year end it held assets of $3,024 against liabilities of $350, net assets of $2,674.