Delaware Technical & Community College Educational Foundation 866

Analysis

Delaware Technical & Community College Educational Foundation 866 is a registered charity in United States, based in Dover, DE. It received its IRS tax-exemption ruling in March 1969, 57 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 December 2023, Delaware Technical & Community College Educational Foundation 866 reported income of $3.1m and spending of $2.3m, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.2m to $3.1m (-3.8%), an average of -1.0% a year. The sharpest change came in the year to December 2021, when income rose by 237%. Over the whole period it spent 62% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Delaware Technical & Community College Educational Foundation 866 sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within DE. Charities of a similar size with the same main cause include Lakeshore Intergenerational School ($3.1m), Ashbrook Independent School ($3.1m) and Migdal Ohr International Inc ($3.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% of the total. Compensation of current officers, directors and key employees was $11k (0.5% of expenses). At year end it held assets of $37.6m against liabilities of $101k, net assets of $37.5m. It reported 1 employees.