North Country Community College Foundation Inc

Analysis

North Country Community College Foundation Inc is a registered charity in United States, based in Saranac Lake, NY. It received its IRS tax-exemption ruling in October 1973, 53 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, North Country Community College Foundation Inc reported income of $2.0m and spending of $1.4m, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $2.0m (+23%), an average of +5.3% a year. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, North Country Community College Foundation Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 82nd percentile within NY. Charities of a similar size with the same main cause include Teays Valley Amanda Clearcreek SCH Dist Science Study Enrichment Prog ($2.0m), Sheltered Workshop Insurance of Mo ($2.0m) and Crumley House Head Injury Rehabilitation ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 84% of the total. At year end it held assets of $32.3m against liabilities of $1.9m, net assets of $30.4m.