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Motlow College Foundation

RegisteredEIN 23-7450071Lynchburg, TNEducation and training
Income$1.1m2024-06
Spending$515ksame year
Spent / received66%6-year average
Size in its cause76th pctEducation and training
Exempt since1975Publicly supported organisat
Employees0latest return

Analysis

Motlow College Foundation is a registered charity in United States, based in Lynchburg, TN. It received its IRS tax-exemption ruling in April 1975, 51 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 2024, Motlow College Foundation reported income of $1.1m and spending of $515k, leaving 52% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $838k to $1.1m (+28%), an average of +5.0% a year. The sharpest change came in the year to June 2021, when income rose by 34%. Over the whole period it spent 66% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Motlow College Foundation sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within TN. Charities of a similar size with the same main cause include Association for Educational Development-California ($1.1m), Aldine Education Foundation ($1.1m) and Lakeland Institute for Learning Org ($1.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 58% of the total. At year end it held assets of $10.6m against liabilities of $10k, net assets of $10.6m.

Income and spending

$0$367k$733k$1.1m$1.5m2019 Income: $838,2572019 Spending: $508,20620192020 Income: $1,091,5772020 Spending: $436,70120202021 Income: $1,466,3002021 Spending: $1,343,01820212022 Income: $970,4522022 Spending: $796,68320222023 Income: $971,0852023 Spending: $660,71420232024 Income: $1,070,5452024 Spending: $515,2952024
IncomeSpending

Where the income comes from

  • Contributions & grants 58%
  • Other 42%

Similar-sized charities, same cause

CharityLocationIncome
Association for Educational Development-CaliforniaLos Angeles$1.1m
Aldine Education FoundationHouston$1.1m
Lakeland Institute for Learning OrgLakeland$1.1m
Malengo IncDover$1.1m