California State University Channel Islands Foundation

Analysis

California State University Channel Islands Foundation is a registered charity in United States, based in Camarillo, CA. It received its IRS tax-exemption ruling in July 1997, 29 years ago. Its declared purposes cover education, which this site groups under education and training. 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, California State University Channel Islands Foundation reported income of $14.9m and spending of $5.0m, leaving 66% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.3m to $14.9m (+243%), an average of +36% a year. The sharpest change came in the year to June 2021, when income rose by 426%. Over the whole period it spent 20% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, California State University Channel Islands Foundation sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within CA. Charities of a similar size with the same main cause include Florida Christian School of Dade ($14.9m), Storehouse for Teachers ($14.9m) and Deca Prep Inc ($14.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 80% of the total. At year end it held assets of $94.6m against liabilities of $405k, net assets of $94.2m.