The Caltech Y

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To enrich student life and challenge students to grow into responsible citizens of the world.

Form 990 Part I, line 1, FY2025. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 95-1684790) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
73¢ of each $1 spent went to programs.
Run by 364 volunteers and 9 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Surplus or deficit
3 of 6
filings with a surplus
Average surplus $443K a year · 31% of revenue · last 6 filings
A surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
73%
of spending
73% of spending went to programs.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$161K
to officers and key staff · 14% of spending
Pay to officers and key staff is 14% of spending.
Part VII, Section A
4.6 mo
of spending, in cash
Plus $5.4M in investments, Pt X · Ln 11–13
4.6 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
9
named funders · $195K
9 funders name it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$126K
1% of total assets
Liabilities are 1% of assets.
Pt X · Ln 26
Independent board members
24
of 24 voting members
24 of 24 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$1.2M
+17% vs prior year
Spent
$1.1M
To programs
73%
Net assets
$11.9M
By yearFY2020–FY2025
Revenue
$1.2M
FY2025▲ +17%
Tap a bar for its year
Revenue by fiscal year
FY2020$824K
FY2021$3.5M
FY2022$1.1M
FY2023$1.1M
FY2024$997K
FY2025$1.2M
Expenses
$1.1M
FY2025▼ -3%
Tap a bar for its year
Expenses by fiscal year
FY2020$845K
FY2021$748K
FY2022$924K
FY2023$1.2M
FY2024$1.2M
FY2025$1.1M
Net assets
$11.9M
FY2025▲ +7%
Tap a bar for its year
Net assets by fiscal year
FY2020$3.5M
FY2021$6.2M
FY2022$9.1M
FY2023$9.9M
FY2024$11.1M
FY2025$11.9M

From the FY2025 Form 990 (year ending September 2025) · figures checked against the IRS filing · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in May 1949.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

73 cents of each dollar spent went to programs.

Program services 73% · $841K Management & general 18% · $207K Fundraising 9% · $99K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

25 people listed on the 990; $161K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation
Executive Director
$160,920Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Athena R Castro’s $161K as Executive Director is at the 97th percentile of top reported officer pay among 1613 $100K–1M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Athena R Castro$160,920$156,718$145,157$144,200$138,000$130,476

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See The Caltech Y executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Enriches student life and challenges them to grow into responsible global citizens.

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2 programs · $841K · in their own filed words · FY2024
01

Student Leadership & Programs

Approximately 60 student leaders planned and implemented 70+ programs through committees such as ExComm, Y-Outdoors, and Community Service.Community Service Included Rise Tutoring for Pasadena Unified middle/high school students, Make-A-Difference Day, Community Service & Advocacy Fair, Union Station Adopt-a-Meal and Birthday Club…

Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 95-1684790) · Dispute this line
$826Kprogram expense
02

Friends Dinners & Activities

Friends events provide an opportunity for Caltech alumni, students and donors to get acquainted while also being educated by guest speakers, who range from Caltech faculty to community members.

Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 95-1684790) · Dispute this line
$15Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 9 funders →
Grants paid · 4 grants · $131K · 2023–2024
Unitemized GrantFY2024$39,494
Unitemized GrantFY2024$8,150
Unitemized GrantFY2023$47,986
Unitemized GrantFY2023$35,195

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$1.2M
Ln 12
Gifts and grantsLn 1h$671K
Investment incomeLn 3$326K
Fees for servicesLn 2g$144K
Money outPt IX
$1.1M
Ln 25
Programscol B$841K
Managementcol C$207K
Fundraisingcol D$99K
Owns and owesPt X
$11.9M
net assets · Ln 32
Cash and savingsLn 1–2$444K
Total assetsLn 16$12.0M
LiabilitiesLn 26$126K
PeoplePt VI, VII
25
listed · VII A
PaidVII A1
Voting boardVI 1a24
IndependentVI 1b24
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$671K
Noncash giftsLn 1g$76K
Fees for servicesLn 2g$144K
Investment incomeLn 3$326K
Other incomeLn 4–11$28K
Gains on assetsLn 7$182K
Total revenueLn 12$1.2M
Assets in detailPt X, end of year
SavingsLn 2$444K
Cash and savings togetherLn 1–2$444K
Pledges and grants receivableLn 3$75K
Accounts receivableLn 4$9K
Prepaid expenses and deferred chargesLn 9$20K
InvestmentsLn 11–13$5.4M
Other assetsLn 15$6.1M
Total assetsLn 16$12.0M
LiabilitiesLn 26$126K
Net assetsLn 32$11.9M
OperationsPt I, VI
EmployeesI 59
VolunteersI 6364
Fiscal year endsHeaderSeptember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3More from this return
Abroad and in kindSch F, M
Noncash gifts receivedSch M Pt I$76K
EndowmentSch D · Pt V
LineFY25FY24FY23FY22FY21
End of yearLn 1g$11.5M$10.7M$9.5M$8.8M$6.2M
AddedLn 1b$23K$8K$11K$8K$2.9M
SpentLn 1d–1f$382K$281K$273K$245K$2.3M
4Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$446K$444K
InvestmentsLn 11–13$4.9M$5.4M
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$11.2M$12.0M
LiabilitiesLn 26$118K$126K
Net assetsLn 32$11.1M$11.9M
5Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$48K$48K
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of officers and key staff (Part IX, line 5)Ln 5$161K$121K$16K$24K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$374K$266K$60K$49K
Pension plan contributionsLn 8$37K$27K$5K$5K
Other employee benefitsLn 9$46K$41K$5K$636
Payroll taxesLn 10$41K$30K$6K$6K
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$73K$73K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$2K$2K
Investment management feesLn 11f$0
Other fees for servicesLn 11g$8K$8K
Advertising and promotionLn 12$15K$13K$917$1K
Office expensesLn 13$14K$6K$4K$5K
Information technologyLn 14$4K$3K$267$305
RoyaltiesLn 15$0
OccupancyLn 16$76K$60K$9K$6K
TravelLn 17$78K$78K$228
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$49K$44K$5K$410
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$37K$21K$16K
Other expenses (24a–d)Ln 24$84K$83K$476
All other expensesLn 24e$0
Total functional expensesLn 25$1.1M$841K$207K$99K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest ViewingFiled with the IRS Aug 13, 2026 $1.2M$1.1M$22K$11.9M 990 PDF
FY2024Filed with the IRS Aug 14, 2025 $997K$1.2M−$183K$11.1M 990 PDF
FY2023Filed with the IRS Aug 9, 2024 $1.1M$1.2M−$73K$9.9M 990 PDF
FY2022Filed with the IRS Aug 15, 2023 $1.1M$924K$208K$9.1M 990 PDF
FY2021Filed with the IRS Aug 12, 2022 $3.5M$748K$2.7M$6.2M 990 PDF
FY2020Filed with the IRS Aug 17, 2021 $824K$845K−$22K$3.5M 990 PDF

Schedules filed Part IV

A · Public support B · Donors D · Assets and endowments I · Grants J · Pay M · Noncash O · Explanations R · Related orgs
See the full FY2025 990
Part I · Summary $1,168,033 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $632,090$670,559
I-9 Program service revenuePrior year $155,874$143,809
I-10 Investment incomePrior year $183,788$325,733
I-11 Other revenuePrior year $24,807$27,932
I-12 Total revenuePrior year $996,559$1,168,033
I-13 Grants and similar amounts paidPrior year $83,181$47,644
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $667,610$659,233
I-16a Professional fundraising feesPrior year $1,467$2,200
I-17 Other expensesPrior year $427,005$437,246
I-18 Total expensesPrior year $1,179,263$1,146,323
I-19 Revenue less expensesPrior year −$182,704$21,710
Part VI · Governance 24 of 24 board members independent, no flags
VI-1a Voting members of the governing body24
VI-1b Independent voting members24
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,168,033 across 11 lines filed
Lines not itemized here account for $45 of total revenue; see the IRS return.
VIII-1d Related organizations$215,013
VIII-1f All other contributions, gifts and grants$455,546
VIII-1g Noncash contributions (included above)$75,600
VIII-1h Total contributions, gifts and grants$670,559
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $143,809$143,809
VIII-3 Investment incomeExcluded from tax $144,199$144,199
VIII-5 Royalties$0
VIII-6 Net rental income or lossRelated to mission $27,887$27,887
VIII-7 Net gain or loss on sales of assetsExcluded from tax $181,534$181,534
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $171,741 · Excluded from tax $325,733$1,168,033
Part IX · Statement of functional expenses $1,146,323 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individualsPrograms $47,644$47,644
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of officers and key staff (Part IX, line 5)Programs $120,690 · Management $16,092 · Fundraising $24,138$160,920
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $266,131 · Management $59,551 · Fundraising $48,633$374,315
IX-8 Pension plan contributionsPrograms $26,613 · Management $5,178 · Fundraising $4,969$36,760
IX-9 Other employee benefitsPrograms $41,156 · Management $4,557 · Fundraising $636$46,349
IX-10 Payroll taxesPrograms $29,516 · Management $5,811 · Fundraising $5,562$40,889
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting feesManagement $72,880$72,880
IX-11d Lobbying fees$0
IX-11e Professional fundraising feesFundraising $2,200$2,200
IX-11f Investment management fees$0
IX-11g Other fees for servicesManagement $8,206$8,206
IX-12 Advertising and promotionPrograms $13,043 · Management $917 · Fundraising $1,005$14,965
IX-13 Office expensesPrograms $5,627 · Management $3,565 · Fundraising $4,558$13,750
IX-14 Information technologyPrograms $3,271 · Management $267 · Fundraising $305$3,843
IX-15 Royalties$0
IX-16 OccupancyPrograms $60,480 · Management $9,299 · Fundraising $5,821$75,600
IX-17 TravelPrograms $77,713 · Management $228$77,941
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetingsPrograms $44,369 · Management $4,682 · Fundraising $410$49,461
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 InsurancePrograms $21,239 · Management $15,561$36,800
IX-24 Other expenses (24a–d)Programs $83,324 · Fundraising $476$83,800
IX-24e All other expenses$0
IX-25 Total functional expensesPrograms $840,816 · Management $206,794 · Fundraising $98,713$1,146,323
Part X · Balance sheet $12,040,674 assets, 23 lines filed
X-1 Cash, non-interest-bearing$0
X-2 Savings and temporary cash investmentsStart of year $446,086$444,163
X-3 Pledges and grants receivable$75,000
X-4 Accounts receivableStart of year $9,190$9,153
X-5 Loans to officers and key people$0
X-6 Loans to other insiders$0
X-7 Notes and loans receivable$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred chargesStart of year $18,801$19,779
X-10c Land, buildings and equipment, net$0
X-11 Publicly traded securitiesStart of year $4,871,945$5,406,689
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assetsStart of year $5,869,862$6,085,890
X-16 Total assetsStart of year $11,215,884$12,040,674
X-17 Accounts payable and accrued expensesStart of year $110,202$113,826
X-19 Deferred revenueStart of year $8,275$11,800
X-26 Total liabilitiesStart of year $118,477$125,626
X-27 Net assets without donor restrictionsStart of year $1,534,409$1,448,583
X-28 Net assets with donor restrictionsStart of year $9,562,998$10,466,465
X-32 Total net assets or fund balancesStart of year $11,097,407$11,915,048
X-33 Total liabilities and net assetsStart of year $11,215,884$12,040,674
Part XI · Reconciliation of net assets $11,915,048 net assets at year end
XI-1 Total revenue$1,168,033
XI-2 Total expenses$1,146,323
XI-3 Revenue less expenses$21,710
XI-4 Net assets at start of year$11,097,407
XI-5 Net unrealized gains (losses) on investments$795,931
XI-10 Net assets at end of year$11,915,048

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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