Lansing Community College Foundation

Analysis

Lansing Community College Foundation is a registered charity in United States, based in Lansing, MI. It received its IRS tax-exemption ruling in August 1981, 45 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Lansing Community College Foundation reported income of $1.4m and spending of $1.0m, leaving 29% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.1m to $1.4m (+32%), an average of +7.1% a year. The sharpest change came in the year to June 2021, when income rose by 409%. Over the whole period it spent 34% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lansing Community College Foundation sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within MI. Charities of a similar size with the same main cause include Advanced Health Network Inc ($1.4m), Alegria Montessori School Inc ($1.4m) and Rochester Christian School Inc ($1.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 79% of the total. At year end it held assets of $22.0m against liabilities of $27k, net assets of $22.0m.