California Prestige University

Analysis

California Prestige University is a registered charity in United States, based in Santa Fe SPGS, CA. It received its IRS tax-exemption ruling in August 1984, 42 years ago. 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 2024, California Prestige University reported income of $3.9m and spending of $2.5m, leaving 36% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.2m to $3.9m (+236%), an average of +27% a year. The sharpest change came in the year to June 2024, when income rose by 110%. Over the whole period it spent 75% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, California Prestige University sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within CA. Charities of a similar size with the same main cause include Jewish Family Services of Greenwich Inc ($3.9m), Kuniholm School ($3.9m) and Agricultural Foundation of California State University Fresno ($3.9m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 70% and program service revenue 27% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $8.7m against liabilities of $2.8m, net assets of $5.9m. It reported 66 employees.