Scripps College

Analysis

Scripps College is a registered charity in United States, based in Claremont, CA. It received its IRS tax-exemption ruling in October 1938, 88 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Scripps College reported income of $113.4m and spending of $115.6m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $105.0m to $113.4m (+8.0%), an average of +1.9% a year. The sharpest change came in the year to June 2022, when income rose by 31%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Scripps College sits at the 99th percentile: it is one of the largest 1% in its cause. 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 Luther College ($113.2m), University of Massachusetts Foundation Inc ($113.4m) and University of Massachusetts Global ($112.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 7.6% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $3.4m (2.9% of expenses). Other salaries and wages came to $29.0m. At year end it held assets of $717.1m against liabilities of $107.3m, net assets of $609.8m. It reported 1,308 employees.