Idaho State University Foundation Inc

Analysis

Idaho State University Foundation Inc is a registered charity in United States, based in Pocatello, ID. It received its IRS tax-exemption ruling in October 1967, 59 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, Idaho State University Foundation Inc reported income of $26.8m and spending of $21.3m, leaving 21% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $16.2m to $26.8m (+66%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 178%. Over the whole period it spent 60% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Idaho State University Foundation Inc sits at the 97th percentile: it is larger than about 97% 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 Iowa Strategic Initiatives Fund ($26.8m), William Peace University ($26.8m) and Community Academies of New Orleans Inc ($26.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 81% and program service revenue 5.2% of the total. Compensation of current officers, directors and key employees was $25k (0.1% of expenses). At year end it held assets of $124.8m against liabilities of $5.7m, net assets of $119.1m.