Roxbury Community College Foundation Inc

Analysis

Roxbury Community College Foundation Inc is a registered charity in United States, based in Roxbury, MA. It received its IRS tax-exemption ruling in August 1984, 42 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Roxbury Community College Foundation Inc reported income of $2.7m and spending of $357k, leaving 87% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $473k to $2.7m (+469%), an average of +54% a year. The sharpest change came in the year to June 2023, when income rose by 785%. Over the whole period it spent 24% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Roxbury Community College Foundation Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within MA. Charities of a similar size with the same main cause include Archdiocese of Milwaukee Catholic Community Foundation Inc ($2.7m), Northern Chautauqua Community Foundation Inc ($2.7m) and Ahrc New York City Foundation Inc ($2.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $5.6m against liabilities of $137k, net assets of $5.5m.