President-Board of Trustees Santa Clara College

Analysis

President-Board of Trustees Santa Clara College is a registered charity in United States, based in Santa Clara, CA. It received its IRS tax-exemption ruling in January 1937, 89 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, President-Board of Trustees Santa Clara College reported income of $622.0m and spending of $604.0m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $605.0m to $622.0m (+2.8%), an average of +0.7% a year. The sharpest change came in the year to June 2022, when income rose by 36%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, President-Board of Trustees Santa Clara College 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 The New School ($602.9m), University of Louisville Research Foundation Inc ($631.9m) and Research Foundation of the City University of New York ($600.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.9% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $6.0m (1.0% of expenses). Other salaries and wages came to $208.3m. At year end it held assets of $2.90bn against liabilities of $604.0m, net assets of $2.29bn. It reported 5,242 employees.