Santa Ana College Foundation

Analysis

Santa Ana College Foundation is a registered charity in United States, based in Santa Ana, CA. It received its IRS tax-exemption ruling in May 1968, 58 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Santa Ana College Foundation reported income of $1.3m and spending of $1.6m, spending 126% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $986k to $1.3m (+31%), an average of +6.9% a year. The sharpest change came in the year to June 2020, when income rose by 64%. Over the whole period it spent 68% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Santa Ana College Foundation sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within CA. Charities of a similar size with the same main cause include Delta Sigma Phi Foundation ($1.3m), New Hope Christian School Inc ($1.3m) and Korda Institute for Teaching ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 63% and program service revenue 2.5% of the total. Other salaries and wages came to $208k. At year end it held assets of $13.7m against liabilities of $162k, net assets of $13.6m.