Missouri Colleges Fund Inc

Analysis

Missouri Colleges Fund Inc is a registered charity in United States, based in Jefferson Cty, MO. It received its IRS tax-exemption ruling in July 1954, 72 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Missouri Colleges Fund Inc reported income of $575k and spending of $571k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $690k to $575k (-17%), an average of -4.4% a year. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Missouri Colleges Fund Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 70th percentile within MO. Charities of a similar size with the same main cause include The Houston Mesivta ($575k), The Library Foundation of Martin County Inc ($575k) and First Academy Inc ($575k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $120k (21% of expenses). Other salaries and wages came to $1,543. At year end it held assets of $80k against liabilities of $0, net assets of $80k. It reported 2 employees.