Chippewa Valley Technical College Foundation Inc

Analysis

Chippewa Valley Technical College Foundation Inc is a registered charity in United States, based in Eau Claire, WI. It received its IRS tax-exemption ruling in March 1976, 50 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, Chippewa Valley Technical College Foundation Inc reported income of $1.8m and spending of $1.7m, spending 97% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.1m to $1.8m (+65%), an average of +13% a year. The sharpest change came in the year to June 2023, when income rose by 242%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Chippewa Valley Technical College Foundation Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within WI. Charities of a similar size with the same main cause include Daniel Academy ($1.8m), Sprinkler Fitters Joint Apprentices Hip Committee ($1.8m) and BR Staffing Services Corporation ($1.8m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 85% of the total. At year end it held assets of $6.8m against liabilities of $30k, net assets of $6.8m.