California State University Foundation

Analysis

California State University Foundation is a registered charity in United States, based in Long Beach, CA. It received its IRS tax-exemption ruling in October 1962, 64 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 2024, California State University Foundation reported income of $3.9m and spending of $4.9m, spending 123% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $8.6m to $3.9m (-54%), an average of -18% a year. The sharpest change came in the year to June 2024, when income dropped by 35%. Over the whole period it spent 88% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, California State University Foundation sits at the 92nd percentile: it is larger than about 92% 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 Washington Regional Association of Grantmakers ($3.9m), United Way of the Southern Tier Inc ($3.9m) and Seafair Charitable Foundation ($3.9m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 50% and program service revenue 0.7% of the total. At year end it held assets of $54.8m against liabilities of $9.1m, net assets of $45.7m.