Inland Futures Foundation of the San Bernardino Community College

Analysis

Inland Futures Foundation of the San Bernardino Community College is a registered charity in United States, based in SN Bernrdno, CA. It received its IRS tax-exemption ruling in September 2015, 11 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 June 2023, Inland Futures Foundation of the San Bernardino Community College reported income of $1.6m and spending of $1.5m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $505k to $1.6m (+211%), an average of +33% a year. The sharpest change came in the year to June 2020, when income rose by 146%. Over the whole period it spent 97% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Inland Futures Foundation of the San Bernardino Community College sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include Cereal City Development Corporation Kellogg Arena ($1.6m), Denver Plumbers JT Apprenticeship and Journeyman Committee ($1.6m) and Center Redevelopmemt Corporation ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $730k against liabilities of $492k, net assets of $239k.