Golden West College Foundation

Analysis

Golden West College Foundation is a registered charity in United States, based in Huntingtn BCH, CA. It received its IRS tax-exemption ruling in March 1985, 41 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, Golden West College Foundation reported income of $2.2m and spending of $670k, leaving 70% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.0m to $2.2m (+115%), an average of +21% a year. The sharpest change came in the year to June 2023, when income rose by 130%. Over the whole period it spent 59% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Golden West College Foundation sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within CA. Charities of a similar size with the same main cause include The Carolina Academy ($2.2m), Families Forward Learning Center ($2.2m) and Unitypoint Broadlawns Psychiatry Education Foundation ($2.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 84% of the total. Other salaries and wages came to $54k. At year end it held assets of $13.7m against liabilities of $112k, net assets of $13.6m.