Blinn College Foundation Inc

Analysis

Blinn College Foundation Inc is a registered charity in United States, based in Brenham, TX. It received its IRS tax-exemption ruling in June 1991, 35 years ago. 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 August 2023, Blinn College Foundation Inc reported income of $2.1m and spending of $1.1m, leaving 48% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income fell from $2.2m to $2.1m (-4.7%), an average of -1.2% a year. The sharpest change came in the year to August 2020, when income rose by 399%. Over the whole period it spent 26% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Blinn College Foundation Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 90th percentile within TX. Charities of a similar size with the same main cause include Southwire Cares Inc ($2.1m), Association of School Business Officials International ($2.1m) and Lawyers Concerned for Lawyers Inc ($2.1m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 44% of the total. At year end it held assets of $31.6m against liabilities of $25k, net assets of $31.6m.