Martin Community College Foundation Inc

Analysis

Martin Community College Foundation Inc is a registered charity in United States, based in Williamston, NC. It received its IRS tax-exemption ruling in November 1985, 41 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, Martin Community College Foundation Inc reported income of $131k and spending of $77k, leaving 41% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $121k to $131k (+8.3%), an average of +1.6% a year. The sharpest change came in the year to June 2023, when income rose by 147%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Martin Community College Foundation Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 42nd percentile within NC. Charities of a similar size with the same main cause include Cces PTO Inc ($131k), Lamar High School Parent Teacher Organization ($131k) and HCC Contractor Academy ($131k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 79% of the total. At year end it held assets of $465k against liabilities of $0, net assets of $465k.