Luzerne County Community College Foundation Inc

Analysis

Luzerne County Community College Foundation Inc is a registered charity in United States, based in Nanticoke, PA. It received its IRS tax-exemption ruling in February 1984, 42 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 June 2023, Luzerne County Community College Foundation Inc reported income of $1.3m and spending of $1.0m, leaving 22% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $785k to $1.3m (+68%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 46%. Over the whole period it spent 77% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Luzerne County Community College Foundation Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within PA. Charities of a similar size with the same main cause include Alumni Fund Alumni Asso College of Medicine Suny Health Science Ctr ($1.3m), San Joaquin & Calaveras Co Electric Training & Educational Trust ($1.3m) and California Hispanic Superintendents Association ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 75% of the total. At year end it held assets of $9.2m against liabilities of $140k, net assets of $9.0m.