Northcentral Technical College Foundation Inc

Analysis

Northcentral Technical College Foundation Inc is a registered charity in United States, based in Wausau, WI. It received its IRS tax-exemption ruling in May 1977, 49 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 2023, Northcentral Technical College Foundation Inc reported income of $1.1m and spending of $949k, spending 88% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $914k to $1.1m (+18%), an average of +5.7% a year. The sharpest change came in the year to June 2021, when income rose by 30%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Northcentral Technical College Foundation Inc sits at the 79th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within WI. Charities of a similar size with the same main cause include Art Community Center of Corpus Christi Inc ($1.1m), Eastern Area Community Ministries Inc ($1.1m) and Lake Area Industries Inc ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 74% of the total. At year end it held assets of $10.1m against liabilities of $1.1m, net assets of $9.0m.