San Diego Mesa College Foundation Inc

Analysis

San Diego Mesa College Foundation Inc is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in April 1986, 40 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, San Diego Mesa College Foundation Inc reported income of $492k and spending of $445k, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $726k to $492k (-32%), an average of -9.3% a year. The sharpest change came in the year to June 2023, when income dropped by 17%. Over the whole period it spent 65% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, San Diego Mesa College Foundation Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within CA. Charities of a similar size with the same main cause include Red Brick Nursery School Inc ($492k), The Topeka Public Schools Foundation ($492k) and Pierce College Foundation ($492k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $4.9m against liabilities of $59k, net assets of $4.9m.