Linn-Benton Community College Foundation Inc

Analysis

Linn-Benton Community College Foundation Inc is a registered charity in United States, based in Albany, OR. It received its IRS tax-exemption ruling in July 1972, 54 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 December 2023, Linn-Benton Community College Foundation Inc reported income of $1.7m and spending of $1.2m, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $1.7m (+0.0%), an average of +0.0% a year. The sharpest change came in the year to December 2021, when income rose by 55%. Over the whole period it spent 67% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Linn-Benton Community College Foundation Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within OR. Charities of a similar size with the same main cause include Michael M Boone Elementary Parent- Teacher Organization ($1.7m), Smartmeme Inc ($1.7m) and Otis Library ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% of the total. At year end it held assets of $13.6m against liabilities of $61k, net assets of $13.5m.