Northwest Foundation Inc

Analysis

Northwest Foundation Inc is a registered charity in United States, based in Maryville, MO. It received its IRS tax-exemption ruling in March 1972, 54 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, Northwest Foundation Inc reported income of $8.4m and spending of $5.8m, leaving 31% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $6.0m to $8.4m (+39%), an average of +8.7% a year. The sharpest change came in the year to June 2022, when income rose by 75%. Over the whole period it spent 79% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Northwest Foundation Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within MO. Charities of a similar size with the same main cause include Century Community Charter Schools Inc ($8.4m), Gate City Charter Academy Inc ($8.4m) and Montgomery School ($8.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 64% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $166k (2.9% of expenses). Other salaries and wages came to $74k. At year end it held assets of $63.1m against liabilities of $2.8m, net assets of $60.3m. It reported 3 employees.