Trinity Valley Community College Foundation

Analysis

Trinity Valley Community College Foundation is a registered charity in United States, based in Athens, TX. It received its IRS tax-exemption ruling in April 1974, 52 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 August 2023, Trinity Valley Community College Foundation reported income of $1.8m and spending of $672k, leaving 63% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income fell from $3.0m to $1.8m (-39%), an average of -12% a year. The sharpest change came in the year to August 2020, when income dropped by 78%. Over the whole period it spent 50% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Trinity Valley Community College Foundation sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 89th percentile within TX. Charities of a similar size with the same main cause include Rosecrance Foundation ($1.8m), Lakeville Hockey Association ($1.8m) and S O C K Outstanding Students S O S Academy Inc ($1.8m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $9.4m against liabilities of $297k, net assets of $9.1m.