California State University East Bay Foundation Inc

Analysis

California State University East Bay Foundation Inc is a registered charity in United States, based in Hayward, CA. It received its IRS tax-exemption ruling in June 1965, 61 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 East Bay Foundation Inc reported income of $18.3m and spending of $17.7m, spending 97% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $13.5m to $18.3m (+36%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 23%. 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, California State University East Bay Foundation Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within CA. Charities of a similar size with the same main cause include Ontario Christian School Association ($18.3m), Prosperity Denver Fund ($18.3m) and Orangewood Christian School Inc ($18.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 1.4% of the total. Other salaries and wages came to $5.0m. At year end it held assets of $29.6m against liabilities of $17.2m, net assets of $12.4m.