Wabash Valley College Foundation

Analysis

Wabash Valley College Foundation is a registered charity in United States, based in Mount Carmel, IL. It received its IRS tax-exemption ruling in December 1965, 61 years ago. 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, Wabash Valley College Foundation reported income of $477k and spending of $283k, leaving 41% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $376k to $477k (+27%), an average of +4.9% a year. The sharpest change came in the year to June 2021, when income rose by 164%. Over the whole period it spent 69% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Wabash Valley College Foundation sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within IL. Charities of a similar size with the same main cause include Aaple Academy Foundation ($477k), Habitat for Humanity International Inc ($477k) and USA Swimming Inc ($476k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 51% of the total. At year end it held assets of $6.4m against liabilities of $0, net assets of $6.4m.