Northwestern Community College Foundation Regional Advisory Counc

Analysis

Northwestern Community College Foundation Regional Advisory Counc is a registered charity in United States, based in Winsted, CT. It received its IRS tax-exemption ruling in June 1983, 43 years ago. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Northwestern Community College Foundation Regional Advisory Counc reported income of $98k and spending of $93k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $244k to $98k (-60%), an average of -20% a year. The sharpest change came in the year to December 2021, when income rose by 392%. Over the whole period it spent 38% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Northwestern Community College Foundation Regional Advisory Counc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 34th percentile within CT. Charities of a similar size with the same main cause include Mision Internacional LA Tierra Prometida ($98k), City Improvement Association ($98k) and Recreational Adult Resource Association of Greater Lowell Inc ($98k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 5.4% of the total. At year end it held assets of $2.9m against liabilities of $0, net assets of $2.9m.