Western Colorado University Foundation

Analysis

Western Colorado University Foundation is a registered charity in United States, based in Gunnison, CO. It received its IRS tax-exemption ruling in September 1978, 48 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 June 2024, Western Colorado University Foundation reported income of $8.0m and spending of $7.2m, spending 90% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $8.8m to $8.0m (-9.3%), an average of -1.9% a year. The sharpest change came in the year to June 2020, when income dropped by 35%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Western Colorado University Foundation sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within CO. Charities of a similar size with the same main cause include Habitat for Humanity Sarasota Inc ($8.0m), Morristown Hamblen Emergency Medical Service Company ($8.0m) and Ruth Jensen Village Residential Services Inc ($8.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 79% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $44.9m against liabilities of $1.1m, net assets of $43.8m. It reported 5 employees.