Montgomery County Community College Foundation

Analysis

Montgomery County Community College Foundation is a registered charity in United States, based in Blue Bell, PA. It received its IRS tax-exemption ruling in November 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, Montgomery County Community College Foundation reported income of $1.6m and spending of $2.6m, spending 168% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.7m to $1.6m (-6.9%), an average of -1.8% a year. The sharpest change came in the year to June 2021, when income rose by 381%. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Montgomery County Community College Foundation sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 82nd percentile within PA. Charities of a similar size with the same main cause include Plumbers & Steamfitters Local 184 Education & Training Fund ($1.6m), Newbury Park High School Booster Club ($1.6m) and Kai Loa Inc ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. It paid $11k in professional fundraising fees. At year end it held assets of $21.0m against liabilities of $824k, net assets of $20.2m.