Pratt Community College Foundation

Analysis

Pratt Community College Foundation is a registered charity in United States, based in Pratt, KS. It received its IRS tax-exemption ruling in October 1973, 53 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, Pratt Community College Foundation reported income of $2.4m and spending of $481k, leaving 80% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.4m to $2.4m (+65%), an average of +13% a year. The sharpest change came in the year to June 2023, when income rose by 80%. Over the whole period it spent 36% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Pratt Community College Foundation sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within KS. Charities of a similar size with the same main cause include Woodward Leadership Academy ($2.4m), Henrys Sober Living House ($2.4m) and Liberty Bible Academy Association Inc ($2.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% of the total. It paid $156 in professional fundraising fees. At year end it held assets of $13.6m against liabilities of $16k, net assets of $13.6m.