Metropolitan Community College Foundation

Analysis

Metropolitan Community College Foundation is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in November 1977, 49 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, Metropolitan Community College Foundation reported income of $5.2m and spending of $7.3m, spending 141% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $16.8m to $5.2m (-69%), an average of -25% a year. The sharpest change came in the year to June 2020, when income dropped by 57%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Metropolitan Community College Foundation sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within NE. Charities of a similar size with the same main cause include Debbie Allen Dance Inc ($5.2m), Kuyper College ($5.2m) and Indigenous Pathways Inc ($5.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 72% of the total. At year end it held assets of $16.0m against liabilities of $1.7m, net assets of $14.3m.