Arapahoe Community College Foundation Inc

Analysis

Arapahoe Community College Foundation Inc is a registered charity in United States, based in Littleton, CO. It received its IRS tax-exemption ruling in February 1971, 55 years ago. 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, Arapahoe Community College Foundation Inc reported income of $2.5m and spending of $3.5m, spending 137% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $6.5m to $2.5m (-61%), an average of -21% a year. The sharpest change came in the year to June 2022, when income rose by 105%. Over the whole period it spent 74% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Arapahoe Community College Foundation Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within CO. Charities of a similar size with the same main cause include J B Wright Charitable Trust ($2.5m), Water Watch of Oregon ($2.5m) and Penn Mont Academy ($2.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 110% of the total. Compensation of current officers, directors and key employees was $153k (4.4% of expenses). Other salaries and wages came to $210k. At year end it held assets of $8.0m against liabilities of $360k, net assets of $7.7m. It reported 4 employees.