San Diego State University Foundation

Analysis

San Diego State University Foundation is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in May 1944, 82 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type iii functionally integrated) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, San Diego State University Foundation reported income of $212.4m and spending of $202.0m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $183.1m to $212.4m (+16%), an average of +3.8% a year. The sharpest change came in the year to June 2023, when income rose by 22%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, San Diego State University 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 The University of Tennessee Foundat Ion Inc ($211.8m), Kipp DC Public Charter Schools ($212.6m) and Corporation of Haverford College ($211.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 48% and program service revenue 51% of the total. Compensation of current officers, directors and key employees was $491k (0.2% of expenses). Other salaries and wages came to $91.3m. It paid $404k in professional fundraising fees. At year end it held assets of $283.3m against liabilities of $163.8m, net assets of $119.6m. It reported 3,547 employees.