U C Santa Cruz Foundation

Analysis

U C Santa Cruz Foundation is a registered charity in United States, based in Santa Cruz, CA. It received its IRS tax-exemption ruling in August 1974, 52 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, U C Santa Cruz Foundation reported income of $30.8m and spending of $28.5m, spending 92% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $23.6m to $30.8m (+31%), an average of +9.3% a year. The sharpest change came in the year to June 2021, when income rose by 27%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, U C Santa Cruz Foundation sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include South Carolina Virtual Charter School ($30.8m), Eastern States Veterinary Association Inc ($30.9m) and Wesleyan College ($30.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 83% of the total. At year end it held assets of $168.7m against liabilities of $6.5m, net assets of $162.2m.