Golden Gate University

Analysis

Golden Gate University is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in June 1969, 57 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, Golden Gate University reported income of $51.8m and spending of $64.4m, spending 124% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $66.2m to $51.8m (-22%), an average of -6.0% a year. The sharpest change came in the year to June 2023, when income dropped by 37%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Golden Gate University 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 99th percentile, and in the 99th percentile within CA. Charities of a similar size with the same main cause include Idea Florida Inc ($51.8m), Woodbury University ($51.8m) and Und Alumni Association and Foundation ($51.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 7.5% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $2.7m (4.2% of expenses). Other salaries and wages came to $27.7m. At year end it held assets of $126.9m against liabilities of $39.8m, net assets of $87.1m. It reported 786 employees.