Williston State College Foundation

Analysis

Williston State College Foundation is a registered charity in United States, based in Williston, ND. It received its IRS tax-exemption ruling in October 1963, 63 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Williston State College Foundation reported income of $1.9m and spending of $4.4m, spending 229% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $5.3m to $1.9m (-63%), an average of -22% a year. The sharpest change came in the year to June 2022, when income rose by 779%. Over the whole period it spent 109% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Williston State College Foundation sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 84th percentile within ND. Charities of a similar size with the same main cause include Sarah Lawrence College ($1.9m), Clemson University Research Foundation ($1.9m) and Leadership School ($1.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 67% of the total. Compensation of current officers, directors and key employees was $261k (5.9% of expenses). Other salaries and wages came to $127k. At year end it held assets of $23.1m against liabilities of $12.0m, net assets of $11.1m. It reported 14 employees.