Cowley College Foundation

Analysis

Cowley College Foundation is a registered charity in United States, based in Arkansas City, KS. It received its IRS tax-exemption ruling in March 1968, 58 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, Cowley College Foundation reported income of $1.8m and spending of $811k, leaving 55% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $723k to $1.8m (+151%), an average of +26% a year. The sharpest change came in the year to June 2021, when income rose by 71%. Over the whole period it spent 42% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cowley College 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 85th percentile within KS. Charities of a similar size with the same main cause include Grant Halliburton Foundation Inc ($1.8m), Gem City Career Prep High School ($1.8m) and Lewis County Head Start ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 105% of the total. Compensation of current officers, directors and key employees was $115k (14% of expenses). Other salaries and wages came to $724. At year end it held assets of $10.9m against liabilities of $188k, net assets of $10.7m.