Fox Valley Technical College Foundation Inc

Analysis

Fox Valley Technical College Foundation Inc is a registered charity in United States, based in Appleton, WI. It received its IRS tax-exemption ruling in April 1978, 48 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 2023, Fox Valley Technical College Foundation Inc reported income of $2.7m and spending of $2.2m, spending 83% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.6m to $2.7m (+3.8%), an average of +1.2% a year. The sharpest change came in the year to June 2021, when income rose by 47%. Over the whole period it spent 71% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fox Valley Technical College Foundation Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within WI. Charities of a similar size with the same main cause include Principle Foundation ($2.7m), Certified Medical Representatives Institute Inc ($2.7m) and Cinequest Inc ($2.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 61% and program service revenue 21% of the total. Other salaries and wages came to $361k. At year end it held assets of $24.0m against liabilities of $601k, net assets of $23.4m.