Truman State University Foundation

Analysis

Truman State University Foundation is a registered charity in United States, based in Kirksville, MO. It received its IRS tax-exemption ruling in December 1985, 41 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, Truman State University Foundation reported income of $1.9m and spending of $3.9m, spending 213% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $7.7m to $1.9m (-76%), an average of -30% a year. The sharpest change came in the year to June 2023, when income dropped by 83%. Over the whole period it spent 43% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Truman State University Foundation sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within MO. Charities of a similar size with the same main cause include Regina Coeli Academy ($1.9m), Hancock Resource Center ($1.9m) and The Sparhawk Foundation Inc ($1.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 141% and program service revenue 1.1% of the total. At year end it held assets of $72.0m against liabilities of $631k, net assets of $71.4m.