Metropolitan State University of Denver Foundation Inc

Analysis

Metropolitan State University of Denver Foundation Inc is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in December 1967, 59 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Metropolitan State University of Denver Foundation Inc reported income of $13.8m and spending of $9.4m, leaving 32% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $7.4m to $13.8m (+87%), an average of +17% a year. The sharpest change came in the year to June 2022, when income rose by 113%. Over the whole period it spent 57% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Metropolitan State University of Denver Foundation Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within CO. Charities of a similar size with the same main cause include Frederica Academy Inc ($13.8m), BSDS Inc ($13.8m) and The River School HCSR ($13.8m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 95% and program service revenue 1.3% of the total. Compensation of current officers, directors and key employees was $188k (2.0% of expenses). At year end it held assets of $59.0m against liabilities of $2.6m, net assets of $56.3m.