California State University - Northridge Foundation

Analysis

California State University - Northridge Foundation is a registered charity in United States, based in Northridge, CA. It received its IRS tax-exemption ruling in June 1995, 31 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 2023, California State University - Northridge Foundation reported income of $27.2m and spending of $21.7m, leaving 20% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $19.8m to $27.2m (+38%), an average of +8.3% a year. The sharpest change came in the year to June 2021, when income rose by 248%. Over the whole period it spent 40% 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 - Northridge Foundation sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include Mastery Charter School - Gratz Campus ($27.2m), Lionsgate Academy ($27.2m) and Amber Charter School ($27.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 68% and program service revenue 5.2% of the total. At year end it held assets of $333.9m against liabilities of $1.3m, net assets of $332.6m.