The Cape Cod Community College Educational Foundation Inc

Analysis

The Cape Cod Community College Educational Foundation Inc is a registered charity in United States, based in W Barnstable, MA. It received its IRS tax-exemption ruling in November 1983, 43 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, The Cape Cod Community College Educational Foundation Inc reported income of $3.6m and spending of $2.3m, leaving 36% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $6.7m to $3.6m (-47%), an average of -15% a year. The sharpest change came in the year to June 2022, when income rose by 55%. Over the whole period it spent 76% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Cape Cod Community College Educational Foundation Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within MA. Charities of a similar size with the same main cause include Israel Experience Tide Inc ($3.6m), Pearl Buck Center Inc ($3.6m) and Central Fellowship Christian Academy Inc ($3.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 76% of the total. Compensation of current officers, directors and key employees was $144k (6.3% of expenses). Other salaries and wages came to $148k. At year end it held assets of $18.7m against liabilities of $1.5m, net assets of $17.3m. It reported 5 employees.