Edgecombe Community College Foundation Inc

Analysis

Edgecombe Community College Foundation Inc is a registered charity in United States, based in Tarboro, NC. It received its IRS tax-exemption ruling in January 1987, 39 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Edgecombe Community College Foundation Inc reported income of $487k and spending of $331k, leaving 32% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $534k to $487k (-8.8%), an average of -2.3% a year. The sharpest change came in the year to June 2023, when income rose by 347%. Over the whole period it spent 63% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Edgecombe Community College Foundation Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 69th percentile within NC. Charities of a similar size with the same main cause include Family Christian School ($487k), Foundation for Special Education District of Lake County ($487k) and Texas Spring Corporation ($487k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 71% of the total. Other salaries and wages came to $126k. At year end it held assets of $3.3m against liabilities of $89k, net assets of $3.3m.