Collegiate Schools Foundation

Analysis

Collegiate Schools Foundation is a registered charity in United States, based in Henderson, NC. It received its IRS tax-exemption ruling in December 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2022, Collegiate Schools Foundation reported income of $173k and spending of $101k, leaving 42% of income unspent that year. Across the 2 years on record, from June 2021 to June 2022, income fell from $256k to $173k (-32%), an average of -32% a year. The sharpest change came in the year to June 2022, when income dropped by 32%. 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, Collegiate Schools Foundation sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within NC. Charities of a similar size with the same main cause include Apoe Foundation ($173k), Inspireup America Inc ($173k) and Building From Below ($173k).

On its Form 990 for the period ending June 2022, revenue came from program service revenue 100% of the total. At year end it held assets of $399k against liabilities of $0, net assets of $399k.