Garden City Community Junior College Endowment Assn

Analysis

Garden City Community Junior College Endowment Assn is a registered charity in United States, based in Garden 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 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, Garden City Community Junior College Endowment Assn reported income of $1.1m and spending of $703k, leaving 33% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $739k to $1.1m (+43%), an average of +9.3% a year. The sharpest change came in the year to June 2021, when income rose by 125%. Over the whole period it spent 78% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Garden City Community Junior College Endowment Assn sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within KS. Charities of a similar size with the same main cause include McCall Community School Inc ($1.1m), Teton County Library Foundation and Friends Inc ($1.1m) and Southeastern Community College Foundation Inc ($1.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 87% of the total. At year end it held assets of $8.2m against liabilities of $21k, net assets of $8.2m.