College Bound

Analysis

College Bound is a registered charity in United States, based in Mesa, AZ. It received its IRS tax-exemption ruling in May 2011, 15 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, College Bound reported income of $185k and spending of $117k, leaving 37% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $96k to $185k (+93%), an average of +93% a year. The sharpest change came in the year to June 2024, when income rose by 93%. Over the whole period it spent 73% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, College Bound sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 49th percentile within AZ. Charities of a similar size with the same main cause include Mu Delta Alpha Muslimahs for Change ($185k), Sallisaw BD Foundation ($185k) and Pasadena Education Network ($185k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 96% of the total. At year end it held assets of $121k against liabilities of $4,089, net assets of $117k.