Blackhawk Technical College Foundation Inc

Analysis

Blackhawk Technical College Foundation Inc is a registered charity in United States, based in Janesville, WI. It received its IRS tax-exemption ruling in January 1982, 44 years ago. 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, Blackhawk Technical College Foundation Inc reported income of $8.5m and spending of $7.5m, spending 88% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.5m to $8.5m (+482%), an average of +80% a year. The sharpest change came in the year to June 2023, when income rose by 476%. Over the whole period it spent 74% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Blackhawk Technical College Foundation Inc sits at the 95th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within WI. Charities of a similar size with the same main cause include Extended Day Child Care Center Inc ($8.5m), Garden Center Services ($8.5m) and Reuben H Fleet Science Center ($8.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 11% and program service revenue 4.3% of the total. At year end it held assets of $6.9m against liabilities of $0, net assets of $6.9m.