Bluefield State University Foundation Inc

Analysis

Bluefield State University Foundation Inc is a registered charity in United States, based in Bluefield, WV. It received its IRS tax-exemption ruling in October 1969, 57 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Bluefield State University Foundation Inc reported income of $4.3m and spending of $861k, leaving 80% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $441k to $4.3m (+876%), an average of +77% a year. The sharpest change came in the year to June 2023, when income rose by 122%. Over the whole period it spent 65% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bluefield State University Foundation Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within WV. Charities of a similar size with the same main cause include Le Monde Immersion ($4.3m), 1199seiu Home Care Industry Education Fund ($4.3m) and Adams County Christian School Incorporated ($4.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 17% of the total. At year end it held assets of $17.6m against liabilities of $1.2m, net assets of $16.4m.