Fond du Lac Tribal and Community College Foundation

Analysis

Fond du Lac Tribal and Community College Foundation is a registered charity in United States, based in Cloquet, MN. It received its IRS tax-exemption ruling in November 1997, 29 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, Fond du Lac Tribal and Community College Foundation reported income of $86k and spending of $44k, leaving 49% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income fell from $214k to $86k (-60%), an average of -26% a year. The sharpest change came in the year to June 2021, when income dropped by 70%. Over the whole period it spent 40% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Fond du Lac Tribal and Community College Foundation sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 30th percentile within MN. Charities of a similar size with the same main cause include Lookout Mountain Parent Teacher Organization ($86k), Parent Booster USA Inc ($86k) and Philadelphia Association of Jungian Analysts Inc ($86k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 49% of the total. At year end it held assets of $848k against liabilities of $65k, net assets of $783k.