Yavapai College Foundation

Analysis

Yavapai College Foundation is a registered charity in United States, based in Prescott, AZ. It received its IRS tax-exemption ruling in August 2014, 12 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 2023, Yavapai College Foundation reported income of $5.2m and spending of $3.2m, leaving 39% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $5.3m to $5.2m (-1.2%), an average of -0.3% a year. The sharpest change came in the year to June 2022, when income rose by 104%. Over the whole period it spent 70% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Yavapai College Foundation sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 90th percentile within AZ. Charities of a similar size with the same main cause include Columbia Christian School ($5.2m), Community College Foundation ($5.3m) and Catalyst Academy Charter School ($5.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 66% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $156k (4.9% of expenses). Other salaries and wages came to $286k. At year end it held assets of $25.7m against liabilities of $1.8m, net assets of $23.8m.