Missouri Valley College
Analysis
Missouri Valley College is a registered charity in United States, based in Marshall, MO. It received its IRS tax-exemption ruling in March 1936, 90 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2023, Missouri Valley College reported income of $40.2m and spending of $43.8m, spending 109% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $40.4m to $40.2m (-0.7%), an average of -0.2% a year. The sharpest change came in the year to June 2023, when income dropped by 20%. Over the whole period it spent 98% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Missouri Valley College sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within MO. Charities of a similar size with the same main cause include Boise State University Foundation Inc ($40.1m), Soka University of America ($40.2m) and University of South Carolina School of Medicine Educational Trust ($40.1m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 7.4% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $1.1m (2.5% of expenses). Other salaries and wages came to $10.9m. It paid $101k in professional fundraising fees. At year end it held assets of $49.6m against liabilities of $20.0m, net assets of $29.6m. It reported 928 employees.
Income and spending
Where the income comes from
- Contributions & grants 7.2%
- Program services 93%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Boise State University Foundation Inc | Boise | $40.1m |
| Soka University of America | Aliso Viejo | $40.2m |
| University of South Carolina School of Medicine Educational Trust | Columbia | $40.1m |
| Greensboro Independent School Corporation | Greensboro | $40.2m |