Educational Foundation of Orange County Community College Inc

Analysis

Educational Foundation of Orange County Community College Inc is a registered charity in United States, based in Middletown, NY. It received its IRS tax-exemption ruling in January 1988, 38 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Educational Foundation of Orange County Community College Inc reported income of $1.4m and spending of $1.8m, spending 125% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.1m to $1.4m (+31%), an average of +7.0% a year. The sharpest change came in the year to June 2021, when income rose by 42%. Over the whole period it spent 137% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Educational Foundation of Orange County Community College Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 79th percentile within NY. Charities of a similar size with the same main cause include John S Armstrong School Parent- Teachers Association ($1.4m), Las Lomitas Education Foundation ($1.4m) and Milford Athletic Boosters Club ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 22% and program service revenue 13% of the total. Other salaries and wages came to $193k. At year end it held assets of $20.3m against liabilities of $463k, net assets of $19.9m. It reported 5 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.