Chase College Foundation

Analysis

Chase College Foundation is a registered charity in United States, based in Highland HGTS, KY. It received its IRS tax-exemption ruling in December 1955, 71 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Chase College Foundation reported income of $246k and spending of $581k, spending 236% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $33k to $246k (+645%), an average of +65% a year. The sharpest change came in the year to June 2021, when income rose by 588%. Over the whole period it spent 158% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Chase College Foundation sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within KY. Charities of a similar size with the same main cause include Lincoln High School Band Boosters ($246k), The Decision Education Foundation ($246k) and The Academy at Double H Ranch Inc ($246k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.8% of the total. Other salaries and wages came to $16k. At year end it held assets of $2.2m against liabilities of $0, net assets of $2.2m. It reported 1 employees.