Fort Hays Tech North Central Foundation

Analysis

Fort Hays Tech North Central Foundation is a registered charity in United States, based in Beloit, KS. It received its IRS tax-exemption ruling in August 1992, 34 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Fort Hays Tech North Central Foundation reported income of $674k and spending of $287k, leaving 57% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $301k to $674k (+123%), an average of +31% a year. The sharpest change came in the year to June 2022, when income rose by 109%. Over the whole period it spent 39% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fort Hays Tech North Central Foundation sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within KS. Charities of a similar size with the same main cause include Oak Grove Montessori Elementary School Inc ($673k), Association for Continuing Education ($674k) and Leitersburg Volunteer Fire Company ($673k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $3.5m against liabilities of $999k, net assets of $2.5m.