St Cloud Technical and Community College Foundation

Analysis

St Cloud Technical and Community College Foundation is a registered charity in United States, based in Saint Cloud, MN. It received its IRS tax-exemption ruling in March 1995, 31 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, St Cloud Technical and Community College Foundation reported income of $635k and spending of $790k, spending 124% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $801k to $635k (-21%), an average of -5.6% a year. The sharpest change came in the year to June 2021, when income dropped by 38%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, St Cloud Technical and Community College Foundation sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within MN. Charities of a similar size with the same main cause include Chinese University of Hong Kong Foundation Inc ($635k), Venice Nokomis Community Preschool Inc ($635k) and Our Sacred Academy Inc ($635k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 84% of the total. At year end it held assets of $4.1m against liabilities of $16k, net assets of $4.1m.