Frontier Community College Foundation

Analysis

Frontier Community College Foundation is a registered charity in United States, based in Fairfield, IL. It received its IRS tax-exemption ruling in January 1978, 48 years ago. 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 2024, Frontier Community College Foundation reported income of $288k and spending of $52k, leaving 82% of income unspent that year. Across the 4 years on record, from June 2020 to June 2024, income grew from $89k to $288k (+222%), an average of +48% a year. The sharpest change came in the year to June 2024, when income rose by 219%. Over the whole period it spent 40% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Frontier Community College Foundation sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within IL. Charities of a similar size with the same main cause include San Leandro Education Foundation ($288k), Davis Council of Governments Inc ($288k) and Denver Black Reparations Council ($288k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 78% of the total. At year end it held assets of $1.3m against liabilities of $48k, net assets of $1.3m.