University of Idaho Foundation Inc

Analysis

University of Idaho Foundation Inc is a registered charity in United States, based in Moscow, ID. It received its IRS tax-exemption ruling in February 1971, 55 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, University of Idaho Foundation Inc reported income of $39.6m and spending of $30.2m, leaving 24% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $33.7m to $39.6m (+18%), an average of +4.1% a year. The sharpest change came in the year to June 2021, when income rose by 91%. Over the whole period it spent 59% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, University of Idaho Foundation Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within ID. Charities of a similar size with the same main cause include Paul Smiths College of Arts and Sciences ($39.5m), University of Virginia McIntire School of Commerce Foundation ($39.6m) and Arizona Christian University ($39.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 71% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $391k (1.3% of expenses). Other salaries and wages came to $725k. At year end it held assets of $465.0m against liabilities of $25.3m, net assets of $439.8m.