Marshalltown Community College Foundation

Analysis

Marshalltown Community College Foundation is a registered charity in United States, based in Marshalltown, IA. It received its IRS tax-exemption ruling in August 1966, 60 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Marshalltown Community College Foundation reported income of $780k and spending of $699k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $869k to $780k (-10%), an average of -2.7% a year. Over the whole period it spent 78% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Marshalltown Community College Foundation sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 79th percentile within IA. Charities of a similar size with the same main cause include Sisters of Color United for Education ($780k), Compliance and Capacity Skills International ($780k) and Childrens All Day Pre-Nursery ($780k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% of the total. At year end it held assets of $6.0m against liabilities of $194k, net assets of $5.8m.