Snow College Foundation

Analysis

Snow College Foundation is a registered charity in United States, based in Ephraim, UT. It received its IRS tax-exemption ruling in November 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Snow College Foundation reported income of $3.1m and spending of $5.5m, spending 180% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $991k to $3.1m (+210%), an average of +33% a year. The sharpest change came in the year to December 2021, when income rose by 171%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Snow College Foundation sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within UT. Charities of a similar size with the same main cause include Community College of Denver Foundation ($3.1m), Legacy Christian School Inc ($3.1m) and Isidore Newman School Foundation ($3.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.6m against liabilities of $0, net assets of $1.6m.