South Piedmont Community College Foundation Inc

Analysis

South Piedmont Community College Foundation Inc is a registered charity in United States, based in Polkton, NC. It received its IRS tax-exemption ruling in February 1996, 30 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, South Piedmont Community College Foundation Inc reported income of $951k and spending of $1.1m, spending 114% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $818k to $951k (+16%), an average of +3.8% a year. The sharpest change came in the year to June 2023, when income rose by 125%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, South Piedmont Community College Foundation Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within NC. Charities of a similar size with the same main cause include Kipp Minnesota Abc ($950k), Palm Tree School ($951k) and Mendocino College Foundation Inc ($950k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 48% of the total. At year end it held assets of $4.9m against liabilities of $3,110, net assets of $4.9m.