North Central Technical College Foundation

Analysis

North Central Technical College Foundation is a registered charity in United States, based in Mansfield, OH. It received its IRS tax-exemption ruling in May 1975, 51 years ago. 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 2023, North Central Technical College Foundation reported income of $934k and spending of $645k, leaving 31% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.1m to $934k (-12%), an average of -3.3% a year. The sharpest change came in the year to June 2022, when income rose by 27%. Over the whole period it spent 59% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, North Central Technical College Foundation sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within OH. Charities of a similar size with the same main cause include The Waldorf School of Mendocino County ($934k), Alpha Omega Institute Inc ($934k) and Eaton Community Hospice Inc ($934k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 76% of the total. At year end it held assets of $8.1m against liabilities of $281k, net assets of $7.9m.