Eastern Gateway Community College Foundation Inc

Analysis

Eastern Gateway Community College Foundation Inc is a registered charity in United States, based in Wintersville, OH. It received its IRS tax-exemption ruling in August 1997, 29 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Eastern Gateway Community College Foundation Inc reported income of $318k and spending of $190k, leaving 40% of income unspent that year. Across the 3 years on record, from June 2019 to June 2023, income fell from $513k to $318k (-38%), an average of -21% a year. The sharpest change came in the year to June 2023, when income rose by 126%. Over the whole period it spent 75% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Eastern Gateway Community College Foundation Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 62nd percentile within OH. Charities of a similar size with the same main cause include Messengers of Mercy ($318k), Tzadkeinu Bamishpot ($318k) and Tenth Mountain Division Foundation Inc ($318k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 74% of the total. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.