Wku Student Life Foundation Inc

Analysis

Wku Student Life Foundation Inc is a registered charity in United States, based in Bowling Green, KY. It received its IRS tax-exemption ruling in December 1999, 27 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, Wku Student Life Foundation Inc reported income of $31.0m and spending of $24.6m, leaving 21% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $29.3m to $31.0m (+5.8%), an average of +1.9% a year. The sharpest change came in the year to June 2022, when income rose by 24%. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Wku Student Life Foundation Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within KY. Charities of a similar size with the same main cause include Propel Schools Inc ($31.0m), Mariana Bracetti Academy Charter School ($31.0m) and Early Learning Coalition of Alachua County Inc ($31.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.1% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $68k (0.3% of expenses). Other salaries and wages came to $4.9m. At year end it held assets of $176.7m against liabilities of $115.0m, net assets of $61.7m.