Otter Student Union at Csu Monterey Bay

Analysis

Otter Student Union at Csu Monterey Bay is a registered charity in United States, based in Seaside, CA. It received its IRS tax-exemption ruling in September 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Otter Student Union at Csu Monterey Bay reported income of $1.5m and spending of $1.9m, spending 126% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.3m to $1.5m (+14%), an average of +3.3% a year. The sharpest change came in the year to June 2021, when income rose by 35%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Otter Student Union at Csu Monterey Bay sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include Anne Grady Day Program ($1.5m), Zeta Psi Educational Foundation ($1.5m) and Kiss Institute for Practical Robotics ($1.5m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 91% of the total. Compensation of current officers, directors and key employees was $14k (0.7% of expenses). At year end it held assets of $1.5m against liabilities of $290k, net assets of $1.2m.