Regent College Foundation

Analysis

Regent College Foundation is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in October 1983, 43 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 May 2023, Regent College Foundation reported income of $639k and spending of $760k, spending 119% of what it took in. Across the 5 years on record, from May 2019 to May 2023, income fell from $1.2m to $639k (-46%), an average of -14% a year. The sharpest change came in the year to May 2021, when income rose by 105%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Regent College Foundation sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within WA. Charities of a similar size with the same main cause include Communities in Schools of Greater Greensboro Inc ($639k), Shelter Providers of Sacramento Inc ($639k) and Sunflower School ($639k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $60k against liabilities of $1,462, net assets of $59k.