The Bismarck State College Foundation

Analysis

The Bismarck State College Foundation is a registered charity in United States, based in Bismarck, ND. It received its IRS tax-exemption ruling in September 1980, 46 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 2024, The Bismarck State College Foundation reported income of $14.0m and spending of $4.6m, leaving 67% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $4.2m to $14.0m (+234%), an average of +35% a year. The sharpest change came in the year to June 2024, when income rose by 151%. Over the whole period it spent 51% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Bismarck State College Foundation sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within ND. Charities of a similar size with the same main cause include Village Preparatory School ($14.0m), The Opportunity Trust ($14.0m) and Edventuremore ($14.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 74% and program service revenue 2.6% of the total. Other salaries and wages came to $373k. At year end it held assets of $65.9m against liabilities of $8.1m, net assets of $57.8m.