California State University Fresno Foundation

Analysis

California State University Fresno Foundation is a registered charity in United States, based in Fresno, CA. It received its IRS tax-exemption ruling in April 1954, 72 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, California State University Fresno Foundation reported income of $79.3m and spending of $71.6m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $81.9m to $79.3m (-3.2%), an average of -0.8% a year. The sharpest change came in the year to June 2023, when income dropped by 18%. Over the whole period it spent 82% 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 Fresno Foundation sits at the 99th percentile: it is larger than about 99% 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 Ucf Athletic Association Inc ($79.3m), University of Saint Francis of Fort Wayne Indiana Inc ($79.4m) and Letourneau University ($79.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 72% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $204k (0.3% of expenses). Other salaries and wages came to $17.9m. At year end it held assets of $331.5m against liabilities of $33.5m, net assets of $298.0m. It reported 1,666 employees.