California State University Fresno Association Inc

Analysis

California State University Fresno Association Inc is a registered charity in United States, based in Fresno, CA. It received its IRS tax-exemption ruling in November 1962, 64 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, California State University Fresno Association Inc reported income of $38.2m and spending of $25.7m, leaving 33% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $30.6m to $38.2m (+25%), an average of +5.7% a year. The sharpest change came in the year to June 2022, when income rose by 107%. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, California State University Fresno Association Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within CA. Charities of a similar size with the same main cause include Tennessee Wesleyan University ($38.2m), Classical Academy ($38.2m) and University of Kansas Memorial ($38.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.4% and program service revenue 61% of the total. Compensation of current officers, directors and key employees was $204k (0.8% of expenses). Other salaries and wages came to $7.1m. At year end it held assets of $111.6m against liabilities of $52.5m, net assets of $59.1m. It reported 709 employees.