Foundation for Mott Community College

Analysis

Foundation for Mott Community College is a registered charity in United States, based in Flint, MI. It received its IRS tax-exemption ruling in September 1986, 40 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, Foundation for Mott Community College reported income of $1.4m and spending of $1.2m, spending 84% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.2m to $1.4m (+17%), an average of +4.0% a year. The sharpest change came in the year to June 2021, when income dropped by 27%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Foundation for Mott Community College 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 New Beginning Life Chaning Network Inc ($1.4m), Graduate Philadelphia ($1.4m) and New Horizon School Westside ($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 $12.0m against liabilities of $5,373, net assets of $12.0m.