The Oxnard College Foundation

Analysis

The Oxnard College Foundation is a registered charity in United States, based in Oxnard, CA. It received its IRS tax-exemption ruling in August 1983, 43 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, The Oxnard College Foundation reported income of $268k and spending of $698k, spending 260% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $1.1m to $268k (-77%), an average of -38% a year. The sharpest change came in the year to June 2021, when income rose by 121%. Over the whole period it spent 61% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Oxnard 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 60th percentile, and in the 62nd percentile within CA. Charities of a similar size with the same main cause include United Way Inner Banks ($268k), St George Foundation for the Classics ($268k) and Winters Parent Nursery School ($268k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 123% of the total. Compensation of current officers, directors and key employees was $96k (14% of expenses). Other salaries and wages came to $74k. At year end it held assets of $10.5m against liabilities of $290k, net assets of $10.2m. It reported 1 employees.