Navarro College Foundation Inc

Analysis

Navarro College Foundation Inc is a registered charity in United States, based in Corsicana, TX. It received its IRS tax-exemption ruling in September 1975, 51 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Navarro College Foundation Inc reported income of $741k and spending of $1.5m, spending 197% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $676k to $741k (+9.7%), an average of +2.3% a year. The sharpest change came in the year to August 2020, when income rose by 72%. Over the whole period it spent 123% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Navarro College Foundation Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 80th percentile within TX. Charities of a similar size with the same main cause include Prospect Hill Academy Charter School Foundation Inc ($741k), Cazenovia Public Library Society ($741k) and Baltimore College Town Network Inc ($741k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 70% of the total. At year end it held assets of $12.2m against liabilities of $3,406, net assets of $12.2m.