Piedmont Community College Foundation Inc

Analysis

Piedmont Community College Foundation Inc is a registered charity in United States, based in Roxboro, NC. It received its IRS tax-exemption ruling in November 1979, 47 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Piedmont Community College Foundation Inc reported income of $749k and spending of $468k, leaving 38% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $395k to $749k (+90%), an average of +17% a year. The sharpest change came in the year to June 2022, when income rose by 78%. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Piedmont Community College Foundation Inc sits at the 73rd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within NC. Charities of a similar size with the same main cause include Medha Corp ($749k), Families First Childcare ($749k) and Young Entrepreneurs Organization ($749k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% of the total. Other salaries and wages came to $44k. At year end it held assets of $2.2m against liabilities of $109k, net assets of $2.1m.