College Heights Foundation Inc
Analysis
College Heights Foundation Inc is a registered charity in United States, based in Bowling Green, KY. It received its IRS tax-exemption ruling in April 1942, 84 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 December 2023, College Heights Foundation Inc reported income of $23.1m and spending of $17.3m, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $12.2m to $23.1m (+90%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 102%. Over the whole period it spent 73% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, College Heights Foundation Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within KY. Charities of a similar size with the same main cause include Dollar General Literacy Foundation ($23.1m), West Oak Lane Charter School ($23.1m) and Rabbi Isaac Elchanan Theological Seminary ($23.0m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 60% of the total. Other salaries and wages came to $46k. At year end it held assets of $257.4m against liabilities of $29.6m, net assets of $227.9m. It reported 3 employees.
Income and spending
Where the income comes from
- Contributions & grants 60%
- Other 40%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Dollar General Literacy Foundation | Goodlettsvlle | $23.1m |
| West Oak Lane Charter School | Philadelphia | $23.1m |
| Rabbi Isaac Elchanan Theological Seminary | New York | $23.0m |
| Associated Students Calif State University Long Beach | Long Beach | $23.1m |