Sandhills Community College Foundation Inc

Analysis

Sandhills Community College Foundation Inc is a registered charity in United States, based in Pinehurst, NC. It received its IRS tax-exemption ruling in February 1971, 55 years ago. 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, Sandhills Community College Foundation Inc reported income of $3.8m and spending of $3.8m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $8.6m to $3.8m (-56%), an average of -19% a year. The sharpest change came in the year to June 2020, when income dropped by 35%. Over the whole period it spent 59% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sandhills Community College Foundation Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within NC. Charities of a similar size with the same main cause include Mental Health & Recovery Services of Jackson Hole ($3.8m), Damien Ministries Inc ($3.8m) and Wildcare ($3.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 68% of the total. Other salaries and wages came to $430k. At year end it held assets of $46.5m against liabilities of $1.1m, net assets of $45.5m.