Rowan College at Burlington County Foundation

Analysis

Rowan College at Burlington County Foundation is a registered charity in United States, based in Bala Cynwyd, PA. It received its IRS tax-exemption ruling in October 1973, 53 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 2024, Rowan College at Burlington County Foundation reported income of $298k and spending of $355k, spending 119% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $304k to $298k (-1.8%), an average of -0.4% a year. The sharpest change came in the year to June 2020, when income dropped by 41%. Over the whole period it spent 139% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Rowan College at Burlington County Foundation sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 59th percentile within PA. Charities of a similar size with the same main cause include Capacity Catalyst ($298k), Molly Johnson Foundation ($298k) and Science Teachers Association of New York State Inc ($298k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 60% of the total. At year end it held assets of $4.0m against liabilities of $79k, net assets of $3.9m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.