Clark Community College District 14 Foundation

Analysis

Clark Community College District 14 Foundation is a registered charity in United States, based in Vancouver, WA. 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 2023, Clark Community College District 14 Foundation reported income of $6.3m and spending of $6.5m, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $13.7m to $6.3m (-54%), an average of -18% a year. The sharpest change came in the year to June 2023, when income dropped by 57%. Over the whole period it spent 64% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Clark Community College District 14 Foundation sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within WA. Charities of a similar size with the same main cause include The Francis Ouimet Scholarship Fund Inc ($6.3m), Yeshiva Shagas Aryeh ($6.3m) and Charter School Inc ($6.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 37% and program service revenue 2.6% of the total. Compensation of current officers, directors and key employees was $423k (6.5% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $117.4m against liabilities of $2.6m, net assets of $114.8m. It reported 22 employees.