Vanguard University Foundation

Analysis

Vanguard University Foundation is a registered charity in United States, based in Costa Mesa, CA. It received its IRS tax-exemption ruling in December 2001, 25 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, Vanguard University Foundation reported income of $6.5m and spending of $377k, leaving 94% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.6m to $6.5m (+321%), an average of +43% a year. The sharpest change came in the year to June 2023, when income rose by 727%. Over the whole period it spent 14% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Vanguard University Foundation sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include Dzilth-Na-O-Dith-Hle School Board of Education ($6.5m), Proof School ($6.5m) and Cincinnati Hebrew Day School ($6.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $15.6m against liabilities of $0, net assets of $15.6m.