Southern State Community College Foundation

Analysis

Southern State Community College Foundation is a registered charity in United States, based in Hillsboro, OH. It received its IRS tax-exemption ruling in June 1996, 30 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 2024, Southern State Community College Foundation reported income of $645k and spending of $261k, leaving 60% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $366k to $645k (+76%), an average of +12% a year. The sharpest change came in the year to June 2021, when income rose by 214%. Over the whole period it spent 37% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Southern State Community College Foundation 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 74th percentile, and in the 74th percentile within OH. Charities of a similar size with the same main cause include Boston Municipal Research Bureau Inc ($644k), JCC Housing Corporation ($645k) and Virginia Museum of Natural History Foundation ($644k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 51% of the total. At year end it held assets of $3.8m against liabilities of $0, net assets of $3.8m.