Cal Poly Humboldt Sponsored Programs Foundation

Analysis

Cal Poly Humboldt Sponsored Programs Foundation is a registered charity in United States, based in Arcata, CA. It received its IRS tax-exemption ruling in February 1952, 74 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 2024, Cal Poly Humboldt Sponsored Programs Foundation reported income of $55.3m and spending of $54.6m, spending 99% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $30.5m to $55.3m (+81%), an average of +13% a year. The sharpest change came in the year to June 2024, when income rose by 31%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cal Poly Humboldt Sponsored Programs 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 Notre Dame of Maryland University ($55.2m), Blake School ($55.3m) and McMurry University ($55.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 89% and program service revenue 10% of the total. Compensation of current officers, directors and key employees was $81k (0.1% of expenses). Other salaries and wages came to $17.7m. At year end it held assets of $30.7m against liabilities of $21.6m, net assets of $9.2m. It reported 980 employees.