Bellevue College Foundation

Analysis

Bellevue College Foundation is a registered charity in United States, based in Bellevue, WA. It received its IRS tax-exemption ruling in February 1979, 47 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, Bellevue College Foundation reported income of $4.5m and spending of $2.3m, leaving 49% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.2m to $4.5m (+41%), an average of +8.9% a year. The sharpest change came in the year to June 2023, when income rose by 76%. Over the whole period it spent 59% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bellevue College Foundation sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 93rd percentile within WA. Charities of a similar size with the same main cause include Butler Academy ($4.5m), Clariden School ($4.5m) and Meadowbrook School ($4.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 83% and program service revenue 1.5% of the total. Compensation of current officers, directors and key employees was $248k (11% of expenses). Other salaries and wages came to $321k. At year end it held assets of $22.8m against liabilities of $735k, net assets of $22.1m.