The San Diego College of Continuing Education Foundation

Analysis

The San Diego College of Continuing Education Foundation is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in December 2012, 14 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, The San Diego College of Continuing Education Foundation reported income of $3.1m and spending of $2.8m, spending 92% of its income. Across the 3 years on record, from June 2019 to June 2023, income grew from $1.3m to $3.1m (+133%), an average of +53% a year. The sharpest change came in the year to June 2023, when income rose by 117%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The San Diego College of Continuing Education Foundation sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within CA. Charities of a similar size with the same main cause include International Transportation Learning Center ($3.1m), Level Up Academy ($3.1m) and Unemed Corporation ($3.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 27% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $150k (5.3% of expenses). Other salaries and wages came to $780k. At year end it held assets of $1.8m against liabilities of $416k, net assets of $1.4m. It reported 36 employees.