Clark Technical College Scholarship Foundation

Analysis

Clark Technical College Scholarship Foundation is a registered charity in United States, based in Springfield, OH. It received its IRS tax-exemption ruling in April 1968, 58 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Clark Technical College Scholarship Foundation reported income of $1.2m and spending of $1.1m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.0m to $1.2m (+16%), an average of +3.8% a year. The sharpest change came in the year to June 2022, when income rose by 1551%. Over the whole period it spent 24% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Clark Technical College Scholarship 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 81st percentile, and in the 81st percentile within OH. Charities of a similar size with the same main cause include Middle Cities Education Association ($1.2m), Las Vegas-Clark County Library District Foundation Inc ($1.2m) and Kanchi Kamakoti Seva Foundation Inc ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 24% of the total. Other salaries and wages came to $191k. At year end it held assets of $27.4m against liabilities of $4,935, net assets of $27.4m. It reported 4 employees.