Montcalm Community College Foundation

Analysis

Montcalm Community College Foundation is a registered charity in United States, based in Sidney, MI. It received its IRS tax-exemption ruling in January 1983, 43 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Montcalm Community College Foundation reported income of $987k and spending of $1.1m, spending 115% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $1.0m to $987k (-2.5%), an average of -0.6% a year. The sharpest change came in the year to June 2022, when income rose by 442%. Over the whole period it spent 37% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Montcalm Community College Foundation sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within MI. Charities of a similar size with the same main cause include St Pius V Senior Housing Development Fund Corporation ($987k), The Birthday Party Project ($987k) and Bernies Place Inc Wis Union Day Care Ctr ($986k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 27% of the total. At year end it held assets of $28.0m against liabilities of $12k, net assets of $28.0m.