U C San Diego Foundation

Analysis

U C San Diego Foundation is a registered charity in United States, based in LA Jolla, CA. It received its IRS tax-exemption ruling in November 1996, 30 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 2023, U C San Diego Foundation reported income of $217.3m and spending of $168.7m, leaving 22% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $140.3m to $217.3m (+55%), an average of +12% a year. The sharpest change came in the year to June 2020, when income rose by 28%. Over the whole period it spent 67% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, U C San Diego Foundation 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 Orange County School Readiness Coalition ($216.1m), Institut Eupropeen D Administration Des Affaires Insead ($218.5m) and Depauw University ($215.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 85% and program service revenue 0.0% of the total. At year end it held assets of $1.74bn against liabilities of $107.3m, net assets of $1.63bn.