Oakland Community College Foundation

Analysis

Oakland Community College Foundation is a registered charity in United States, based in Auburn Hills, MI. It received its IRS tax-exemption ruling in April 1980, 46 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, Oakland Community College Foundation reported income of $2.0m and spending of $634k, leaving 68% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $723k to $2.0m (+171%), an average of +28% a year. The sharpest change came in the year to June 2023, when income rose by 121%. Over the whole period it spent 42% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Oakland Community College Foundation sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within MI. Charities of a similar size with the same main cause include Parkside Community Montessori School ($2.0m), Port Chester - Rye Brook Public Library ($2.0m) and South City Community School ($2.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 88% of the total. At year end it held assets of $9.9m against liabilities of $9,691, net assets of $9.9m.