Nicholls State University Foundation

Analysis

Nicholls State University Foundation is a registered charity in United States, based in Thibodaux, LA. It received its IRS tax-exemption ruling in March 1966, 60 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 June 2023, Nicholls State University Foundation reported income of $7.9m and spending of $6.8m, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $8.4m to $7.9m (-5.5%), an average of -1.4% a year. The sharpest change came in the year to June 2020, when income dropped by 42%. Over the whole period it spent 77% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Nicholls State University Foundation sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within LA. Charities of a similar size with the same main cause include Southeast Oklahoma Library System ($7.9m), Sunshine High School - Greater Orlando Campus Inc ($7.9m) and Summit Creek Academy ($7.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 88% and program service revenue 2.2% of the total. Compensation of current officers, directors and key employees was $101k (1.5% of expenses). At year end it held assets of $32.4m against liabilities of $13.3m, net assets of $19.1m. It reported 1 employees.