North Idaho College Foundation Inc

Analysis

North Idaho College Foundation Inc is a registered charity in United States, based in Coeur D Alene, ID. It received its IRS tax-exemption ruling in January 1978, 48 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, North Idaho College Foundation Inc reported income of $1.4m and spending of $2.0m, spending 144% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $2.2m to $1.4m (-38%), an average of -11% a year. The sharpest change came in the year to June 2023, when income dropped by 31%. Over the whole period it spent 125% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, North Idaho College Foundation Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 86th percentile within ID. Charities of a similar size with the same main cause include Nativity Preparatory Academy of Rochester ($1.4m), Backyard Sports Cares Inc ($1.4m) and Arts Academy of New Hampshire ($1.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 56% of the total. Compensation of current officers, directors and key employees was $82k (4.1% of expenses). Other salaries and wages came to $134k. At year end it held assets of $46.6m against liabilities of $876k, net assets of $45.7m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.