Mercer County Community College Foundation

Analysis

Mercer County Community College Foundation is a registered charity in United States, based in West Windsor, NJ. It received its IRS tax-exemption ruling in December 1978, 48 years ago. 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, Mercer County Community College Foundation reported income of $1.6m and spending of $1.1m, leaving 31% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.5m to $1.6m (+4.6%), an average of +1.1% a year. The sharpest change came in the year to June 2024, when income rose by 76%. Over the whole period it spent 59% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mercer County Community College Foundation sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 86th percentile within NJ. Charities of a similar size with the same main cause include LA Fiesta de Las Seis Banderas Inc ($1.6m), Christi Le Fevre Ministries Inc ($1.6m) and Oneill Senior Center Inc ($1.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 54% of the total. At year end it held assets of $16.2m against liabilities of $495k, net assets of $15.7m.