Kirkwood Community College Foundation

Analysis

Kirkwood Community College Foundation is a registered charity in United States, based in Cedar Rapids, IA. It received its IRS tax-exemption ruling in December 1970, 56 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, Kirkwood Community College Foundation reported income of $6.9m and spending of $4.7m, leaving 32% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $4.2m to $6.9m (+65%), an average of +13% a year. The sharpest change came in the year to June 2023, when income rose by 92%. Over the whole period it spent 40% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kirkwood Community College Foundation sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within IA. Charities of a similar size with the same main cause include Harborlight Montessori School Inc ($6.9m), The Prentice School ($6.9m) and North Carolina Textile Foundation Inc ($6.9m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 80% of the total. At year end it held assets of $73.8m against liabilities of $3.4m, net assets of $70.5m.