U C Riverside Foundation

Analysis

U C Riverside Foundation is a registered charity in United States, based in Riverside, CA. It received its IRS tax-exemption ruling in March 1975, 51 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 Riverside Foundation reported income of $18.3m and spending of $15.0m, spending 82% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $28.8m to $18.3m (-36%), an average of -11% a year. The sharpest change came in the year to June 2022, when income dropped by 39%. Over the whole period it spent 62% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, U C Riverside Foundation sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within CA. Charities of a similar size with the same main cause include Prince of Peace Christian School ($18.3m), Evangelical Christian School Inc ($18.3m) and Prosperity Denver Fund ($18.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 65% of the total. At year end it held assets of $270.6m against liabilities of $2.2m, net assets of $268.4m.