Sonoma State University Foundation

Analysis

Sonoma State University Foundation is a registered charity in United States, based in Rohnert Park, CA. It received its IRS tax-exemption ruling in July 1975, 51 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 2024, Sonoma State University Foundation reported income of $3.6m and spending of $4.2m, spending 115% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $5.3m to $3.6m (-31%), an average of -7.2% a year. The sharpest change came in the year to June 2021, when income rose by 98%. Over the whole period it spent 56% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sonoma State University Foundation sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within CA. Charities of a similar size with the same main cause include Bridge Gate Community School ($3.6m), Central Cleveland Drop Back in ($3.6m) and Hacks Hackers ($3.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 37% and program service revenue 2.2% of the total. At year end it held assets of $72.7m against liabilities of $1,973, net assets of $72.7m.