Csusb Philanthropic Foundation

Analysis

Csusb Philanthropic Foundation is a registered charity in United States, based in SN Bernrdno, CA. It received its IRS tax-exemption ruling in October 2011, 15 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Csusb Philanthropic Foundation reported income of $4.9m and spending of $5.1m, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $9.8m to $4.9m (-50%), an average of -16% a year. The sharpest change came in the year to June 2021, when income rose by 104%. Over the whole period it spent 64% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Csusb Philanthropic Foundation sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within CA. Charities of a similar size with the same main cause include Grantmakers for Effective Organizations ($4.9m), United Way of Northern Utah ($4.9m) and Phelps County Community Foundation Inc ($4.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 81% of the total. At year end it held assets of $72.3m against liabilities of $2.7m, net assets of $69.6m.