Fort Lewis College Foundation

Analysis

Fort Lewis College Foundation is a registered charity in United States, based in Durango, CO. It received its IRS tax-exemption ruling in August 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, Fort Lewis College Foundation reported income of $12.8m and spending of $7.3m, leaving 43% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.3m to $12.8m (+142%), an average of +25% a year. The sharpest change came in the year to June 2022, when income rose by 139%. Over the whole period it spent 58% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Fort Lewis College Foundation sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within CO. Charities of a similar size with the same main cause include American Educational Research Association ($12.8m), The George and Barbara Bush Foundation ($12.8m) and Miami Community Charter School Inc ($12.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $47.0m against liabilities of $299k, net assets of $46.7m.