Sullivan County Community College Foundation Inc

Analysis

Sullivan County Community College Foundation Inc is a registered charity in United States, based in Loch Sheldrke, NY. It received its IRS tax-exemption ruling in November 1976, 50 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 August 2023, Sullivan County Community College Foundation Inc reported income of $240k and spending of $104k, leaving 56% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $123k to $240k (+94%), an average of +18% a year. The sharpest change came in the year to August 2021, when income rose by 682%. Over the whole period it spent 64% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Sullivan County Community College Foundation Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 55th percentile within NY. Charities of a similar size with the same main cause include Monarch Beach Sunrise Rotary Foundation ($240k), Sumner Station Foundation a Newjersey Nonprofit Corporation ($240k) and Outback Resource Opportunities Inc ($240k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 11% of the total. At year end it held assets of $1.8m against liabilities of $533k, net assets of $1.2m.