Warren County College Foundation Inc

Analysis

Warren County College Foundation Inc is a registered charity in United States, based in Washington, NJ. It received its IRS tax-exemption ruling in July 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 June 2023, Warren County College Foundation Inc reported income of $50k and spending of $36k, leaving 29% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $57k to $50k (-11%), an average of -3.0% a year. The sharpest change came in the year to June 2020, when income rose by 255%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Warren County College Foundation Inc sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 26th percentile within NJ. Charities of a similar size with the same main cause include Iglesia Bautista Hispana Senda de Vida ($50k), St Josephs Memorial Foundation Inc ($50k) and GFWC Century Club ($50k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 57% of the total. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.