Rockingham Community College Foundation Inc

Analysis

Rockingham Community College Foundation Inc is a registered charity in United States, based in Wentworth, NC. 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 organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Rockingham Community College Foundation Inc reported income of $1.6m and spending of $1.6m, spending 99% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.1m to $1.6m (+42%), an average of +7.2% a year. The sharpest change came in the year to June 2024, when income rose by 364%. 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, Rockingham Community College Foundation Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within NC. Charities of a similar size with the same main cause include Childrens Valley Academy ($1.6m), Pi Kappa Phi Foundation ($1.6m) and Sigep Lead Fund ($1.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 55% of the total. At year end it held assets of $22.5m against liabilities of $0, net assets of $22.5m.