San Jose State University Research Foundation

Analysis

San Jose State University Research Foundation is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in July 1961, 65 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, San Jose State University Research Foundation reported income of $59.4m and spending of $58.3m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $57.4m to $59.4m (+3.5%), an average of +0.9% a year. 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, San Jose State University Research Foundation 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 Georgetown Day School Inc ($59.3m), University of Jamestown ($59.5m) and Early Learning Coalition of the Big Bend Region Inc ($59.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 74% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $856k (1.5% of expenses). Other salaries and wages came to $29.8m. At year end it held assets of $59.5m against liabilities of $39.9m, net assets of $19.6m. It reported 1,407 employees.