Dakota County Technical College Foundation

Analysis

Dakota County Technical College Foundation is a registered charity in United States, based in Rosemount, MN. It received its IRS tax-exemption ruling in September 1984, 42 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 2024, Dakota County Technical College Foundation reported income of $847k and spending of $1.1m, spending 125% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $734k to $847k (+15%), an average of +2.9% a year. The sharpest change came in the year to June 2022, when income rose by 50%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Dakota County Technical College Foundation sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within MN. Charities of a similar size with the same main cause include Nikiski Senior Citizens Inc ($847k), Mount Olive Gardens No 1 Inc ($847k) and Deerfield Valley Rescue Inc ($847k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 94% of the total. At year end it held assets of $7.6m against liabilities of $1.2m, net assets of $6.4m.