Haywood Community College Foundation Incorporated

Analysis

Haywood Community College Foundation Incorporated is a registered charity in United States, based in Clyde, NC. It received its IRS tax-exemption ruling in November 1975, 51 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, Haywood Community College Foundation Incorporated reported income of $951k and spending of $920k, spending 97% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $629k to $951k (+51%), an average of +15% a year. The sharpest change came in the year to June 2021, when income rose by 479%. Over the whole period it spent 50% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Haywood Community College Foundation Incorporated sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within NC. Charities of a similar size with the same main cause include Books and Breakfast ($951k), Childrens Center of Weston Inc ($951k) and Centennial High School Athletic Booster Association Inc ($951k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 90% and program service revenue 0.6% of the total. Other salaries and wages came to $109k. At year end it held assets of $16.7m against liabilities of $19k, net assets of $16.6m. It reported 3 employees.