John Wood Community College Foundation

Analysis

John Wood Community College Foundation is a registered charity in United States, based in Quincy, IL. It received its IRS tax-exemption ruling in January 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 2024, John Wood Community College Foundation reported income of $722k and spending of $746k, spending 103% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $859k to $722k (-16%), an average of -4.2% a year. The sharpest change came in the year to June 2024, when income dropped by 24%. Over the whole period it spent 69% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, John Wood Community College Foundation sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within IL. Charities of a similar size with the same main cause include Walled Lake Northern Music Boosters ($722k), Sunshine Nursery School Inc 01-85 ($722k) and Northwest Texans Athletic Booster Club Inc ($722k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 66% of the total. At year end it held assets of $3.8m against liabilities of $8,401, net assets of $3.8m.