Lewis-Clark State College Foundation Inc

Analysis

Lewis-Clark State College Foundation Inc is a registered charity in United States, based in Lewiston, ID. It received its IRS tax-exemption ruling in March 1985, 41 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 2024, Lewis-Clark State College Foundation Inc reported income of $5.1m and spending of $1.8m, leaving 64% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.4m to $5.1m (+277%), an average of +30% a year. The sharpest change came in the year to June 2020, when income rose by 79%. Over the whole period it spent 70% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lewis-Clark State College Foundation Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 95th percentile within ID. Charities of a similar size with the same main cause include Seaside School Inc ($5.1m), Robert F Munroe Day School Inc ($5.1m) and Campaign for College Opportunity ($5.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 57% and program service revenue 2.6% of the total. Compensation of current officers, directors and key employees was $115k (6.2% of expenses). Other salaries and wages came to $130k. At year end it held assets of $20.6m against liabilities of $331k, net assets of $20.2m.