San Diego City College Foundation

Analysis

San Diego City College Foundation is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in December 1983, 43 years ago. 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 June 2022, San Diego City College Foundation reported income of $1.2m and spending of $280k, leaving 77% of income unspent that year. Across the 4 years on record, from June 2019 to June 2022, income grew from $985k to $1.2m (+21%), an average of +6.6% a year. The sharpest change came in the year to June 2021, when income rose by 66%. Over the whole period it spent 48% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, San Diego City College Foundation sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within CA. Charities of a similar size with the same main cause include Next Step Inc ($1.2m), The Domestic Violence Shelter Inc ($1.2m) and Saddleback-El Toro Set Water Polo Club ($1.2m).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 71% of the total. At year end it held assets of $3.7m against liabilities of $0, net assets of $3.7m.