American Indian College Fund
Analysis
American Indian College Fund is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in February 1989, 37 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 2024, American Indian College Fund reported income of $55.5m and spending of $61.3m, spending 110% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $48.8m to $55.5m (+14%), an average of +3.3% a year. The sharpest change came in the year to June 2023, when income rose by 46%. Over the whole period it spent 70% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, American Indian College Fund sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within CO. Charities of a similar size with the same main cause include Monmouth College ($55.5m), University of Virginia Alumni Association ($55.8m) and Buena Vista University ($55.5m).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 90% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $841k (1.4% of expenses). Other salaries and wages came to $5.8m. It paid $225k in professional fundraising fees. At year end it held assets of $203.0m against liabilities of $4.2m, net assets of $198.9m. It reported 94 employees.
Income and spending
Where the income comes from
- Contributions & grants 90%
- Program services 0.2%
- Other 9.8%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Monmouth College | Monmouth | $55.5m |
| University of Virginia Alumni Association | Charlottesville | $55.8m |
| Buena Vista University | Storm Lake | $55.5m |
| Hockaday School | Dallas | $55.8m |