Cecil College Foundation Inc

Analysis

Cecil College Foundation Inc is a registered charity in United States, based in North East, MD. It received its IRS tax-exemption ruling in March 1974, 52 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Cecil College Foundation Inc reported income of $1.3m and spending of $660k, leaving 50% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $560k to $1.3m (+136%), an average of +24% a year. The sharpest change came in the year to June 2021, when income rose by 165%. Over the whole period it spent 37% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cecil College Foundation Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within MD. Charities of a similar size with the same main cause include Sequoia High School Education Foundation ($1.3m), Imagine Middle at East Mesa Inc ($1.3m) and Heritage Community Services Inc ($1.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 58% of the total. At year end it held assets of $12.9m against liabilities of $214k, net assets of $12.7m.