Lewis and Clark Community College Foundation

Analysis

Lewis and Clark Community College Foundation is a registered charity in United States, based in Godfrey, IL. It received its IRS tax-exemption ruling in August 1977, 49 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, Lewis and Clark Community College Foundation reported income of $1.0m and spending of $945k, spending 92% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $1.3m to $1.0m (-20%), an average of -7.0% a year. The sharpest change came in the year to June 2023, when income dropped by 24%. Over the whole period it spent 63% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lewis and Clark 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 New Hampshire Center for Nonprofits ($1.0m), Montessori School at Hampstead ($1.0m) and Heartwood Public Charter School ($1.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 49% and program service revenue 0.5% of the total. Compensation of current officers, directors and key employees was $76k (8.1% of expenses). At year end it held assets of $17.3m against liabilities of $16k, net assets of $17.2m.