Campus Development Foundation Inc

Analysis

Campus Development Foundation Inc is a registered charity in United States, based in Chattanooga, TN. It received its IRS tax-exemption ruling in July 2000, 26 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, Campus Development Foundation Inc reported income of $13.6m and spending of $15.2m, spending 111% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $10.2m to $13.6m (+34%), an average of +10% a year. The sharpest change came in the year to June 2021, when income rose by 40%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Campus Development Foundation Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within TN. Charities of a similar size with the same main cause include Villa Academy ($13.6m), The Highlander Charter School ($13.6m) and Intercollegiate Studies Institute Inc ($13.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.3% and program service revenue 93% of the total. At year end it held assets of $71.8m against liabilities of $80.0m, net assets of -$8.2m.