Mid-State Technical College Foundation Inc

Analysis

Mid-State Technical College Foundation Inc is a registered charity in United States, based in Wisc Rapids, WI. It received its IRS tax-exemption ruling in August 1979, 47 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, Mid-State Technical College Foundation Inc reported income of $639k and spending of $5.5m, spending 867% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $757k to $639k (-16%), an average of -4.1% a year. The sharpest change came in the year to June 2021, when income rose by 248%. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mid-State Technical College Foundation Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within WI. Charities of a similar size with the same main cause include Waimea Country School ($639k), Foundations Christian Academy Inc ($639k) and Garfield Montessori School ($639k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 85% of the total. At year end it held assets of $5.0m against liabilities of $0, net assets of $5.0m.