Fletcher Technical Community College Foundation Inc

Analysis

Fletcher Technical Community College Foundation Inc is a registered charity in United States, based in Schriever, LA. It received its IRS tax-exemption ruling in March 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Fletcher Technical Community College Foundation Inc reported income of $1.1m and spending of $672k, leaving 40% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $413k to $1.1m (+173%), an average of +29% a year. The sharpest change came in the year to December 2021, when income rose by 547%. Over the whole period it spent 66% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Fletcher Technical Community College Foundation Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 79th percentile within LA. Charities of a similar size with the same main cause include Entrepreneurs Organization ($1.1m), Film-Raderie ($1.1m) and Michigan Association Computer Users in Learning ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% of the total. At year end it held assets of $4.7m against liabilities of $50k, net assets of $4.7m.