Bates Technical College Foundation

Analysis

Bates Technical College Foundation is a registered charity in United States, based in Tacoma, WA. It received its IRS tax-exemption ruling in October 1996, 30 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Bates Technical College Foundation reported income of $844k and spending of $579k, leaving 31% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $705k to $844k (+20%), an average of +3.7% a year. The sharpest change came in the year to June 2020, when income rose by 52%. Over the whole period it spent 50% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bates Technical College Foundation sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within WA. Charities of a similar size with the same main cause include Washington Heritage University ($844k), Lafayette County Enterprises Inc ($844k) and William Holland Retreat Inc ($844k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 92% of the total. At year end it held assets of $4.1m against liabilities of $147k, net assets of $4.0m.