Dominican University of California

Analysis

Dominican University of California is a registered charity in United States, based in San Rafael, CA. It received its IRS tax-exemption ruling in February 2000, 26 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, Dominican University of California reported income of $90.2m and spending of $92.1m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $83.6m to $90.2m (+8.0%), an average of +1.9% a year. The sharpest change came in the year to June 2022, when income rose by 19%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Dominican University of California sits at the 99th percentile: it is larger than about 99% of them. 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 Dordt University Incorporated ($90.2m), Palmer College Foundation ($90.4m) and The U C Davis Foundation ($90.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.3% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $1.1m (1.2% of expenses). Other salaries and wages came to $31.4m. At year end it held assets of $119.5m against liabilities of $42.5m, net assets of $76.9m. It reported 980 employees.