Northwest College Foundation

Analysis

Northwest College Foundation is a registered charity in United States, based in Powell, WY. It received its IRS tax-exemption ruling in November 1973, 53 years ago. 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 December 2023, Northwest College Foundation reported income of $5.2m and spending of $3.6m, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $397k to $5.2m (+1208%), an average of +90% a year. The sharpest change came in the year to December 2020, when income rose by 695%. Over the whole period it spent 75% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Northwest College Foundation sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 96th percentile within WY. Charities of a similar size with the same main cause include Institute for the Development of Young Leaders ($5.2m), Phi Beta Kappa Society ($5.2m) and St Marys Foundation for Children ($5.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% of the total. Compensation of current officers, directors and key employees was $171k (4.7% of expenses). Other salaries and wages came to $125k. At year end it held assets of $54.4m against liabilities of $18.0m, net assets of $36.4m. It reported 6 employees.