Moraine Valley Community College Foundation

Analysis

Moraine Valley Community College Foundation is a registered charity in United States, based in Palos Hills, IL. It received its IRS tax-exemption ruling in February 1984, 42 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Moraine Valley Community College Foundation reported income of $1.3m and spending of $806k, leaving 36% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.2m to $1.3m (+7.7%), an average of +1.5% a year. The sharpest change came in the year to June 2021, when income rose by 67%. Over the whole period it spent 78% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Moraine Valley Community College Foundation sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within IL. Charities of a similar size with the same main cause include Transcendance Youth Arts Project ($1.3m), A M I E Inc ($1.3m) and Central Christian University Inc ($1.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 69% of the total. At year end it held assets of $6.5m against liabilities of $26k, net assets of $6.5m.