Foundation of City College of San Francisco

Analysis

Foundation of City College of San Francisco is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in December 1969, 57 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Foundation of City College of San Francisco reported income of $2.0m and spending of $2.6m, spending 132% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.7m to $2.0m (-47%), an average of -14% a year. The sharpest change came in the year to June 2021, when income rose by 73%. Over the whole period it spent 66% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Foundation of City College of San Francisco sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within CA. Charities of a similar size with the same main cause include Mouse Inc ($2.0m), Heart of Iowa School Tuition Organization Inc ($2.0m) and Partnership for After School Education Inc ($2.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 62% and program service revenue 6.1% of the total. At year end it held assets of $26.8m against liabilities of $798, net assets of $26.8m.