San Jose Evergreen Community College District Foundation

Analysis

San Jose Evergreen Community College District Foundation is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in September 1983, 43 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, San Jose Evergreen Community College District Foundation reported income of $1.7m and spending of $1.5m, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $808k to $1.7m (+115%), an average of +21% a year. The sharpest change came in the year to June 2023, when income rose by 95%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, San Jose Evergreen Community College District Foundation sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within CA. Charities of a similar size with the same main cause include Educational Foundation of the Mo Soc of Cert Pub Accts Inc ($1.7m), Child Abuse and Neglect Council Great Lakes Bay Region ($1.7m) and Mental Health America of Southwestern Pa ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% of the total. Other salaries and wages came to $140k. At year end it held assets of $3.2m against liabilities of $511k, net assets of $2.7m. It reported 2 employees.