Central Wyoming College Foundation

Analysis

Central Wyoming College Foundation is a registered charity in United States, based in Riverton, WY. It received its IRS tax-exemption ruling in September 1968, 58 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Central Wyoming College Foundation reported income of $3.2m and spending of $3.5m, spending 108% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.9m to $3.2m (+69%), an average of +14% a year. The sharpest change came in the year to June 2023, when income rose by 44%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Central Wyoming College Foundation 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 89th percentile, and in the 94th percentile within WY. Charities of a similar size with the same main cause include Marian Park Inc ($3.2m), St Anthony Catholic School ($3.2m) and Sheet Metal Occupational Health Institute Trust ($3.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 64% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $146k (4.2% of expenses). Other salaries and wages came to $39k. At year end it held assets of $25.2m against liabilities of $9.0m, net assets of $16.1m.