CCBC Foundation

Analysis

CCBC Foundation is a registered charity in United States, based in Monaca, PA. It received its IRS tax-exemption ruling in October 1991, 35 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, CCBC Foundation reported income of $606k and spending of $239k, leaving 60% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $759k to $606k (-20%), an average of -5.5% a year. The sharpest change came in the year to June 2023, when income rose by 91%. Over the whole period it spent 187% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, CCBC Foundation sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 71st percentile within PA. Charities of a similar size with the same main cause include Spruce Pine Montessori School Inc ($605k), Food Security for America Incorporated ($606k) and Casa of Lafayette County ($605k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 90% of the total. At year end it held assets of $4.0m against liabilities of $90k, net assets of $3.9m.