The Metropolitan Community College Foundation

Analysis

The Metropolitan Community College Foundation is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in August 1976, 50 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, The Metropolitan Community College Foundation reported income of $3.0m and spending of $2.4m, leaving 20% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.1m to $3.0m (+160%), an average of +27% a year. The sharpest change came in the year to June 2021, when income rose by 622%. Over the whole period it spent 76% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Metropolitan Community College Foundation sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 87th percentile within MO. Charities of a similar size with the same main cause include Valiente College Preparatory ($3.0m), The Civa School Community Coalition ($3.0m) and New Covenant Academy ($3.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 83% of the total. It paid $72k in professional fundraising fees. At year end it held assets of $18.9m against liabilities of $1.3m, net assets of $17.7m.