Southwestern College Foundation

Analysis

Southwestern College Foundation is a registered charity in United States, based in Chula Vista, CA. It received its IRS tax-exemption ruling in August 2017, 9 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Southwestern College Foundation reported income of $2.6m and spending of $2.4m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $784k to $2.6m (+233%), an average of +35% a year. The sharpest change came in the year to June 2021, when income rose by 115%. Over the whole period it spent 72% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Southwestern College Foundation sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within CA. Charities of a similar size with the same main cause include Canary Impact Lab Inc ($2.6m), North Dakota High School Activities Association ($2.6m) and Florida Christian University Inc ($2.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $5.1m against liabilities of $71k, net assets of $5.0m.