Southeastern Community College Foundation

Analysis

Southeastern Community College Foundation is a registered charity in United States, based in West Burlington, IA. It received its IRS tax-exemption ruling in January 1984, 42 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, Southeastern Community College Foundation reported income of $1.1m and spending of $709k, leaving 34% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.0m to $1.1m (+5.0%), an average of +1.2% a year. The sharpest change came in the year to June 2021, when income rose by 194%. Over the whole period it spent 151% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Southeastern Community College Foundation sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 82nd percentile within IA. Charities of a similar size with the same main cause include San Francisco International School ($1.1m), University of Wyoming Alumni ($1.1m) and Montessori Parents Co-Op for Children Inc ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 68% of the total. At year end it held assets of $19.8m against liabilities of $5.3m, net assets of $14.5m.