Northwood Technical College Foundation Inc

Analysis

Northwood Technical College Foundation Inc is a registered charity in United States, based in Rice Lake, WI. It received its IRS tax-exemption ruling in December 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, Northwood Technical College Foundation Inc reported income of $723k and spending of $430k, leaving 41% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $560k to $723k (+29%), an average of +6.6% a year. The sharpest change came in the year to June 2021, when income rose by 170%. Over the whole period it spent 72% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Northwood Technical College Foundation Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within WI. Charities of a similar size with the same main cause include U S Croquet Association ($723k), Womens Fund of Miami-Dade Inc ($723k) and Mitchell County Economic ($723k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 56% of the total. At year end it held assets of $5.8m against liabilities of $56k, net assets of $5.8m.