California State University Long Beach Research Foundation

Analysis

California State University Long Beach Research Foundation is a registered charity in United States, based in Long Beach, CA. It received its IRS tax-exemption ruling in December 1961, 65 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2024, California State University Long Beach Research Foundation reported income of $68.5m and spending of $62.2m, spending 91% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $50.3m to $68.5m (+36%), an average of +8.1% a year. The sharpest change came in the year to June 2024, when income rose by 21%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, California State University Long Beach Research Foundation sits at the 99th percentile: it is larger than about 99% 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 University of South Florida Foundation Inc ($68.5m), Lovett School ($68.6m) and Concordia University Texas ($68.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 83% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $347k (0.6% of expenses). Other salaries and wages came to $23.9m. It paid $25k in professional fundraising fees. At year end it held assets of $184.0m against liabilities of $126.1m, net assets of $57.9m. It reported 1,616 employees.