Chico State Enterprises

Analysis

Chico State Enterprises is a registered charity in United States, based in Chico, CA. It received its IRS tax-exemption ruling in April 1997, 29 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Chico State Enterprises reported income of $59.6m and spending of $60.4m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $41.6m to $59.6m (+43%), an average of +9.4% a year. The sharpest change came in the year to June 2022, when income rose by 16%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Chico State Enterprises sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within CA. Charities of a similar size with the same main cause include Birmingham Community Charter High School ($59.5m), Providence Day School ($59.7m) and University of Jamestown ($59.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 83% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $232k (0.4% of expenses). Other salaries and wages came to $23.6m. At year end it held assets of $48.0m against liabilities of $16.4m, net assets of $31.6m. It reported 1,407 employees.