California College

Analysis

California College is a registered charity in United States, based in Tarzana, CA. It received its IRS tax-exemption ruling in August 1962, 64 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 March 2024, California College reported income of $7.2m and spending of $6.8m, spending 94% of its income. Across the 6 years on record, from March 2019 to March 2024, income fell from $14.7m to $7.2m (-51%), an average of -13% a year. The sharpest change came in the year to March 2020, when income rose by 58%. Over the whole period it spent 109% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, California College sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include North Harris Montgomery Community College District Foundation ($7.2m), Santa Cruz Montessori School ($7.2m) and Aesop Inc ($7.2m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 0.8% and program service revenue 40% of the total. Compensation of current officers, directors and key employees was $903k (13% of expenses). Other salaries and wages came to $2.3m. At year end it held assets of $3.0m against liabilities of $4.1m, net assets of -$1.2m. It reported 114 employees.