Macomb Community College Foundation

Analysis

Macomb Community College Foundation is a registered charity in United States, based in Warren, MI. It received its IRS tax-exemption ruling in December 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 2023, Macomb Community College Foundation reported income of $7.1m and spending of $2.2m, leaving 70% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.2m to $7.1m (+229%), an average of +35% a year. The sharpest change came in the year to June 2023, when income rose by 111%. Over the whole period it spent 46% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Macomb Community College Foundation sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within MI. Charities of a similar size with the same main cause include Evergreen Country Day School Inc ($7.1m), Brookhaven Innovation Academy ($7.1m) and Graduate Theological Union ($7.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 75% of the total. At year end it held assets of $33.1m against liabilities of $104k, net assets of $33.0m.