Southwestern Community College Foundation Inc

Analysis

Southwestern Community College Foundation Inc is a registered charity in United States, based in Sylva, NC. It received its IRS tax-exemption ruling in February 1976, 50 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, Southwestern Community College Foundation Inc reported income of $575k and spending of $296k, leaving 49% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $359k to $575k (+60%), an average of +12% a year. The sharpest change came in the year to June 2021, when income rose by 385%. Over the whole period it spent 33% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Southwestern Community College Foundation Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within NC. Charities of a similar size with the same main cause include Lake Trabis Athletic Booster Club Inc ($575k), First Academy Inc ($575k) and Copper Beech Institute Inc ($575k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 90% of the total. At year end it held assets of $7.6m against liabilities of $0, net assets of $7.6m.