Boise State University Foundation Inc

Analysis

Boise State University Foundation Inc is a registered charity in United States, based in Boise, ID. 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 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 2023, Boise State University Foundation Inc reported income of $40.1m and spending of $26.2m, leaving 35% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $28.3m to $40.1m (+42%), an average of +9.1% a year. The sharpest change came in the year to June 2022, when income rose by 44%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Boise State University Foundation 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 98th percentile, and in the 99th percentile within ID. Charities of a similar size with the same main cause include University of South Carolina School of Medicine Educational Trust ($40.1m), Missouri Valley College ($40.2m) and Scholarship America Inc ($40.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 71% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $212k (0.8% of expenses). Other salaries and wages came to $2.0m. At year end it held assets of $234.0m against liabilities of $9.6m, net assets of $224.4m.