Eastern Wyoming College Foundation

Analysis

Eastern Wyoming College Foundation is a registered charity in United States, based in Torrington, WY. It received its IRS tax-exemption ruling in April 1970, 56 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 2023, Eastern Wyoming College Foundation reported income of $1.2m and spending of $843k, leaving 30% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.5m to $1.2m (-18%), an average of -5.0% a year. The sharpest change came in the year to June 2022, when income rose by 645%. Over the whole period it spent 64% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Eastern Wyoming College Foundation sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 86th percentile within WY. Charities of a similar size with the same main cause include Educate Fairfax ($1.2m), Chelco Foundation a Florida Corporation Not-For-Profit ($1.2m) and Moab Charter School ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 56% and program service revenue 16% of the total. At year end it held assets of $17.7m against liabilities of $7.8m, net assets of $10.0m.