Occidental College

Analysis

Occidental College is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in November 1934, 92 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, Occidental College reported income of $205.1m and spending of $185.7m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $176.7m to $205.1m (+16%), an average of +3.8% a year. The sharpest change came in the year to June 2022, when income rose by 39%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Occidental College sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within CA. Charities of a similar size with the same main cause include Sistema Universitario Ana G Mendez Incorporado ($204.5m), A T Still University of Health Sciences ($206.3m) and Berry College Inc ($202.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $3.8m (2.0% of expenses). Other salaries and wages came to $60.2m. At year end it held assets of $924.2m against liabilities of $124.3m, net assets of $800.0m. It reported 2,592 employees.