California State University San Marcos Foundation

Analysis

California State University San Marcos Foundation is a registered charity in United States, based in San Marcos, CA. It received its IRS tax-exemption ruling in June 2009, 17 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 San Marcos Foundation reported income of $7.6m and spending of $5.4m, leaving 29% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $9.2m to $7.6m (-18%), an average of -4.8% a year. The sharpest change came in the year to June 2020, when income dropped by 52%. Over the whole period it spent 79% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, California State University San Marcos Foundation sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include Rochester Mental Health Center ($7.6m), American Burn Association Inc ($7.6m) and Montebello Community Health Services Inc ($7.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 75% and program service revenue 11% of the total. Other salaries and wages came to $897k. At year end it held assets of $50.9m against liabilities of $841k, net assets of $50.0m.