Davis Technical College Foundation Inc

Analysis

Davis Technical College Foundation Inc is a registered charity in United States, based in Kaysville, UT. It received its IRS tax-exemption ruling in May 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 2024, Davis Technical College Foundation Inc reported income of $6.6m and spending of $472k, leaving 93% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $615k to $6.6m (+980%), an average of +81% a year. The sharpest change came in the year to June 2024, when income rose by 1046%. Over the whole period it spent 41% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Davis Technical College Foundation Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within UT. Charities of a similar size with the same main cause include Friends of Growing Up Green Charter School ($6.6m), Innovative Education Partnership Corporation ($6.6m) and Pathways Management Group Inc ($6.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 4.7% of the total. At year end it held assets of $8.2m against liabilities of $24k, net assets of $8.2m.