Santiago Canyon College Foundation

Analysis

Santiago Canyon College Foundation is a registered charity in United States, based in Orange, CA. It received its IRS tax-exemption ruling in August 1998, 28 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, Santiago Canyon College Foundation reported income of $247k and spending of $362k, spending 147% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $408k to $247k (-40%), an average of -12% a year. The sharpest change came in the year to June 2022, when income dropped by 33%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Santiago Canyon College Foundation sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 60th percentile within CA. Charities of a similar size with the same main cause include Texarkana Isd Education Foundation ($247k), Oregon Legacy Scholarship Foundation ($247k) and Ynot Community Services ($247k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 67% of the total. At year end it held assets of $2.0m against liabilities of $46k, net assets of $2.0m.