Foundation at Monroe County Community College

Analysis

Foundation at Monroe County Community College is a registered charity in United States, based in Monroe, MI. It received its IRS tax-exemption ruling in September 1999, 27 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 at Monroe County Community College reported income of $779k and spending of $484k, leaving 38% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income fell from $1.9m to $779k (-60%), an average of -20% a year. The sharpest change came in the year to June 2021, when income dropped by 40%. Over the whole period it spent 48% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Foundation at Monroe County Community College sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within MI. Charities of a similar size with the same main cause include Pioneer Meadows Montessori School ($779k), Academic Games Leagues of America Inc ($779k) and Womble Institute for Neurodiversity ($778k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 47% of the total. At year end it held assets of $11.5m against liabilities of $96k, net assets of $11.4m.