Pitzer College

Analysis

Pitzer College is a registered charity in United States, based in Claremont, CA. It received its IRS tax-exemption ruling in October 1964, 62 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, Pitzer College reported income of $103.0m and spending of $98.9m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $86.9m to $103.0m (+19%), an average of +4.3% a year. The sharpest change came in the year to June 2022, when income rose by 61%. 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, Pitzer 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 Regis College ($102.9m), Wake Forest University Health Sciences Group Return ($103.2m) and Curry College ($102.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.4% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $2.9m (2.9% of expenses). Other salaries and wages came to $28.0m. At year end it held assets of $359.2m against liabilities of $104.2m, net assets of $254.9m. It reported 1,013 employees.