Emmett & Miriam McCoy College of Bus Admin Development Foundation

Analysis

Emmett & Miriam McCoy College of Bus Admin Development Foundation is a registered charity in United States, based in San Marcos, TX. It received its IRS tax-exemption ruling in March 2004, 22 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 August 2023, Emmett & Miriam McCoy College of Bus Admin Development Foundation reported income of $4.5m and spending of $1.8m, leaving 60% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $3.3m to $4.5m (+37%), an average of +8.1% a year. The sharpest change came in the year to August 2022, when income rose by 383%. Over the whole period it spent 22% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Emmett & Miriam McCoy College of Bus Admin Development Foundation 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 94th percentile within TX. Charities of a similar size with the same main cause include Founders First Community Development Corporation Inc ($4.5m), Central Kentucky Special Education Co-Operative ($4.5m) and East Linn Christian Academy ($4.5m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 38% of the total. Compensation of current officers, directors and key employees was $187k (10% of expenses). At year end it held assets of $66.8m against liabilities of $46k, net assets of $66.7m.