College Foundation Inc

Analysis

College Foundation Inc is a registered charity in United States, based in Henderson, KY. It received its IRS tax-exemption ruling in August 1957, 69 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 2024, College Foundation Inc reported income of $553k and spending of $206k, leaving 63% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $274k to $553k (+101%), an average of +19% a year. The sharpest change came in the year to June 2021, when income rose by 210%. Over the whole period it spent 72% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, College Foundation Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within KY. Charities of a similar size with the same main cause include Todos Mathematics for All ($553k), Montessori School of Casper ($553k) and Mead Educational Foundation Inc ($553k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 29% of the total. At year end it held assets of $2.9m against liabilities of $1,475, net assets of $2.9m.