Delaware County Community College Educational Foundation

Analysis

Delaware County Community College Educational Foundation is a registered charity in United States, based in Media, PA. It received its IRS tax-exemption ruling in November 1980, 46 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, Delaware County Community College Educational Foundation reported income of $2.3m and spending of $1.0m, leaving 56% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $4.0m to $2.3m (-42%), an average of -13% a year. The sharpest change came in the year to June 2023, when income rose by 91%. Over the whole period it spent 69% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Delaware County Community College Educational Foundation sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within PA. Charities of a similar size with the same main cause include American Heritage Education Foundation ($2.3m), Qalam Education Fund Inc ($2.3m) and The Michigan Hispanic Collaborative ($2.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% of the total. Other salaries and wages came to $7,500. It paid $101k in professional fundraising fees. At year end it held assets of $8.1m against liabilities of $79k, net assets of $8.0m.