Stark State College Foundation

Analysis

Stark State College Foundation is a registered charity in United States, based in North Canton, OH. It received its IRS tax-exemption ruling in August 1986, 40 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Stark State College Foundation reported income of $3.0m and spending of $1.9m, leaving 36% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.3m to $3.0m (+132%), an average of +24% a year. The sharpest change came in the year to June 2023, when income rose by 225%. Over the whole period it spent 74% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Stark State College Foundation sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within OH. Charities of a similar size with the same main cause include Monarch Joint Venture ($3.0m), Musser-Davis Land Company ($3.0m) and Victory Christian Acadamy Inc ($3.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $12.4m against liabilities of $1.2m, net assets of $11.2m.