Ellsworth College Foundation

Analysis

Ellsworth College Foundation is a registered charity in United States, based in Iowa Falls, IA. It received its IRS tax-exemption ruling in December 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 December 2023, Ellsworth College Foundation reported income of $835k and spending of $673k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $639k to $835k (+31%), an average of +6.9% a year. The sharpest change came in the year to December 2021, when income rose by 61%. Over the whole period it spent 67% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ellsworth College Foundation 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 77th percentile, and in the 80th percentile within IA. Charities of a similar size with the same main cause include International Town & Gown Association ($835k), Great Northern University ($835k) and Bethel Community Education ($835k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 60% and program service revenue 12% of the total. At year end it held assets of $8.2m against liabilities of $18k, net assets of $8.2m.