Ingram State Technical College Foundation

Analysis

Ingram State Technical College Foundation is a registered charity in United States, based in Deatsville, AL. It received its IRS tax-exemption ruling in August 2014, 12 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 December 2023, Ingram State Technical College Foundation reported income of $112k and spending of $61k, leaving 45% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $68k to $112k (+66%), an average of +66% a year. The sharpest change came in the year to December 2023, when income rose by 66%. Over the whole period it spent 59% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ingram State Technical College Foundation sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 39th percentile within AL. Charities of a similar size with the same main cause include Nest Educational Ministries Inc ($112k), Bentonville FC Prodigy Inc ($112k) and Ardsley Community Nursery School ($112k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 44% of the total. At year end it held assets of $122k against liabilities of $0, net assets of $122k.