Black Hawk East College Foundation

Analysis

Black Hawk East College Foundation is a registered charity in United States, based in Galva, IL. It received its IRS tax-exemption ruling in April 1977, 49 years ago. 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, Black Hawk East College Foundation reported income of $582k and spending of $330k, leaving 43% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income fell from $717k to $582k (-19%), an average of -6.7% a year. The sharpest change came in the year to June 2022, when income rose by 72%. Over the whole period it spent 56% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Black Hawk East College Foundation sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within IL. Charities of a similar size with the same main cause include Habitat for Humanity-Coosa Valley Inc ($582k), Elderly Housing Corporation of Claycounty Minnesota ($582k) and Angels of Long Island Inc ($582k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 79% of the total. At year end it held assets of $5.2m against liabilities of $42k, net assets of $5.2m.