Salish Kootenai College Inc

Analysis

Salish Kootenai College Inc is a registered charity in United States, based in Pablo, MT. It received its IRS tax-exemption ruling in August 1979, 47 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Salish Kootenai College Inc reported income of $51.4m and spending of $33.3m, leaving 35% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $24.8m to $51.4m (+107%), an average of +20% a year. The sharpest change came in the year to June 2023, when income rose by 65%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Salish Kootenai College Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within MT. Charities of a similar size with the same main cause include Reisher Family Foundation ($51.4m), Options for Youth-Duarte Inc ($51.4m) and Inner City Education Foundation ($51.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 89% and program service revenue 6.5% of the total. Compensation of current officers, directors and key employees was $537k (1.6% of expenses). Other salaries and wages came to $15.4m. At year end it held assets of $72.2m against liabilities of $21.5m, net assets of $50.6m. It reported 493 employees.