University of California Home Loan Program Corporation

Analysis

University of California Home Loan Program Corporation is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in November 2015, 11 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, University of California Home Loan Program Corporation reported income of $23.9m and spending of $24.7m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $18.7m to $23.9m (+28%), an average of +6.3% a year. The sharpest change came in the year to June 2020, when income rose by 33%. Over the whole period it spent 74% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, University of California Home Loan Program Corporation sits at the 97th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include Little Rock Christian Academy Inc ($23.9m), Lakeland Christian School Inc ($23.9m) and Pittsburgh Technical Institute Inc ($23.9m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $989.9m against liabilities of $948.3m, net assets of $41.6m.