North Shore Community College Foundation Inc

Analysis

North Shore Community College Foundation Inc is a registered charity in United States, based in Danvers, MA. It received its IRS tax-exemption ruling in July 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 2024, North Shore Community College Foundation Inc reported income of $1.9m and spending of $2.0m, spending 102% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.5m to $1.9m (+29%), an average of +5.1% a year. The sharpest change came in the year to June 2022, when income rose by 251%. Over the whole period it spent 51% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, North Shore Community College Foundation Inc 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 86th percentile, and in the 84th percentile within MA. Charities of a similar size with the same main cause include Public Schools of Hawaii Foundation ($1.9m), Leadership School ($1.9m) and Auburn Research and Technology Foundation ($1.9m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 72% of the total. At year end it held assets of $15.2m against liabilities of $157k, net assets of $15.0m.