Otero College Foundation

Analysis

Otero College Foundation is a registered charity in United States, based in LA Junta, CO. It received its IRS tax-exemption ruling in February 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2023, Otero College Foundation reported income of $266k and spending of $259k, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $188k to $266k (+41%), an average of +9.1% a year. The sharpest change came in the year to June 2020, when income rose by 57%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Otero College Foundation sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 56th percentile within CO. Charities of a similar size with the same main cause include South Carolina First Steps to School Readiness Board of Trustees ($266k), Museum School Foundation Inc ($266k) and Austin Chinese-American Network ($266k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 81% of the total. At year end it held assets of $2.3m against liabilities of $698k, net assets of $1.6m.