California College of the Arts

Analysis

California College of the Arts is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in April 1938, 88 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 June 2023, California College of the Arts reported income of $107.2m and spending of $109.6m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $112.3m to $107.2m (-4.6%), an average of -1.2% a year. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, California College of the Arts sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within CA. Charities of a similar size with the same main cause include Ips Enterprises Inc ($107.1m), Washington and Jefferson College ($107.3m) and Inspirenola Charter Schools ($106.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 16% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $1.7m (1.6% of expenses). Other salaries and wages came to $37.0m. At year end it held assets of $277.3m against liabilities of $126.4m, net assets of $150.8m. It reported 1,419 employees.