Salina Area Technical College Foundation

Analysis

Salina Area Technical College Foundation is a registered charity in United States, based in Salina, KS. 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, Salina Area Technical College Foundation reported income of $760k and spending of $313k, leaving 59% of income unspent that year. Across the 3 years on record, from June 2021 to June 2023, income fell from $767k to $760k (-1.0%), an average of -0.5% a year. The sharpest change came in the year to June 2023, when income rose by 71%. Over the whole period it spent 76% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Salina Area Technical College Foundation sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within KS. Charities of a similar size with the same main cause include St Elizabeth Health Center School for Nurse Anesthetists Inc ($760k), Big Oaks Learning Center ($760k) and Delavan Christian School Society Incorporated ($760k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 81% of the total. At year end it held assets of $1.6m against liabilities of $694k, net assets of $945k.