Jamestown Community College Foundation Inc

Analysis

Jamestown Community College Foundation Inc is a registered charity in United States, based in Jamestown, NY. It received its IRS tax-exemption ruling in June 1983, 43 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type iii functionally integrated) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2024, Jamestown Community College Foundation Inc reported income of $3.3m and spending of $4.0m, spending 123% of what it took in. Across the 6 years on record, from August 2019 to August 2024, income grew from $2.0m to $3.3m (+60%), an average of +9.9% a year. The sharpest change came in the year to August 2021, when income rose by 379%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Jamestown Community College Foundation Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 87th percentile within NY. Charities of a similar size with the same main cause include Alumni Assoc of the Roman Catholic High School of Philadelphia ($3.3m), Homestead School Sullivan ($3.3m) and Society of Cardiovascular Computed Tomography ($3.3m).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 44% and program service revenue 0.2% of the total. Other salaries and wages came to $236k. At year end it held assets of $28.1m against liabilities of $846k, net assets of $27.3m.