Waubonsee Community College Foundation

Analysis

Waubonsee Community College Foundation is a registered charity in United States, based in Sugar Grove, IL. It received its IRS tax-exemption ruling in January 1979, 47 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, Waubonsee Community College Foundation reported income of $1.0m and spending of $447k, leaving 57% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $372k to $1.0m (+177%), an average of +40% a year. The sharpest change came in the year to June 2023, when income rose by 155%. Over the whole period it spent 76% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Waubonsee Community College Foundation sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within IL. Charities of a similar size with the same main cause include Beyond Batten Disease Foundation ($1.0m), Peachtree City Christian Church Child Care Center Inc ($1.0m) and Flare Education ($1.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 75% of the total. At year end it held assets of $6.7m against liabilities of $5,198, net assets of $6.7m.