University Enterprises Corporation at Csusb

Analysis

University Enterprises Corporation at Csusb is a registered charity in United States, based in SN Bernrdno, CA. It received its IRS tax-exemption ruling in December 1965, 61 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, University Enterprises Corporation at Csusb reported income of $44.2m and spending of $42.7m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $38.9m to $44.2m (+14%), an average of +3.2% a year. The sharpest change came in the year to June 2022, when income rose by 18%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, University Enterprises Corporation at Csusb sits at the 98th percentile: it is larger than about 98% of them. 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 Jewish Leadership Academy Inc ($44.1m), Classical Charter Schools ($44.2m) and Windward School ($44.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% and program service revenue 3.9% of the total. Compensation of current officers, directors and key employees was $202k (0.5% of expenses). Other salaries and wages came to $17.1m. At year end it held assets of $34.4m against liabilities of $22.9m, net assets of $11.5m. It reported 1,056 employees.