Coastal Carolina Community College Foundation Inc

Analysis

Coastal Carolina Community College Foundation Inc is a registered charity in United States, based in Jacksonville, NC. It received its IRS tax-exemption ruling in June 1971, 55 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 2024, Coastal Carolina Community College Foundation Inc reported income of $373k and spending of $272k, leaving 27% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income fell from $431k to $373k (-13%), an average of -3.5% a year. The sharpest change came in the year to June 2023, when income rose by 60%. Over the whole period it spent 43% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Coastal Carolina Community College Foundation Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 64th percentile within NC. Charities of a similar size with the same main cause include First Addition Extension ($373k), The Pop Tech Institute ($373k) and Raise Your Hand for Illinois Public Education ($373k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 32% and program service revenue 11% of the total. At year end it held assets of $9.5m against liabilities of $0, net assets of $9.5m.