The Board of Trustees of the Leland Stanford Junior University

Analysis

The Board of Trustees of the Leland Stanford Junior University is a registered charity in United States, based in Redwood City, CA. It received its IRS tax-exemption ruling in October 1996, 30 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, The Board of Trustees of the Leland Stanford Junior University reported income of $8.47bn and spending of $8.13bn, spending 96% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $6.83bn to $8.47bn (+24%), an average of +5.5% a year. The sharpest change came in the year to August 2021, when income rose by 39%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Board of Trustees of the Leland Stanford Junior University sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within CA. Charities of a similar size with the same main cause include Trustees of Columbia University ($6.65bn), Trustees of the University of Pennsylvania ($9.93bn) and Yale University ($6.32bn).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 41% and program service revenue 44% of the total. Compensation of current officers, directors and key employees was $13.3m (0.2% of expenses). Other salaries and wages came to $3.94bn. It paid $2.5m in professional fundraising fees. At year end it held assets of $61.81bn against liabilities of $10.57bn, net assets of $51.24bn. It reported 40,771 employees.