Foundation for State Technical College of Missouri Inc

Analysis

Foundation for State Technical College of Missouri Inc is a registered charity in United States, based in Linn, MO. It received its IRS tax-exemption ruling in February 1984, 42 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, Foundation for State Technical College of Missouri Inc reported income of $1.2m and spending of $501k, leaving 58% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $716k to $1.2m (+67%), an average of +14% a year. The sharpest change came in the year to June 2020, when income rose by 69%. Over the whole period it spent 57% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Foundation for State Technical College of Missouri Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 79th percentile within MO. Charities of a similar size with the same main cause include Highland Christian Academy ($1.2m), The Scholarship Foundation of Wakefield Inc ($1.2m) and Centro de Estudios Avanzados de Puerto Rico Inc ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $3.4m against liabilities of $50k, net assets of $3.4m.