University of California Merced Foundation

Analysis

University of California Merced Foundation is a registered charity in United States, based in Merced, CA. It received its IRS tax-exemption ruling in July 2001, 25 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, University of California Merced Foundation reported income of $7.2m and spending of $7.8m, spending 108% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.7m to $7.2m (+95%), an average of +18% a year. The sharpest change came in the year to June 2020, when income rose by 64%. Over the whole period it spent 63% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, University of California Merced Foundation sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include Northshore Charter Schools Inc ($7.2m), Golden Eagle Charter School ($7.2m) and Westbury Christian School ($7.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $33.3m against liabilities of $658k, net assets of $32.7m.