Central Piedmont Community College Services Corporation

Analysis

Central Piedmont Community College Services Corporation is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in August 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Central Piedmont Community College Services Corporation reported income of $1.9m and spending of $1.8m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.7m to $1.9m (-28%), an average of -8.0% a year. The sharpest change came in the year to June 2022, when income rose by 434%. Over the whole period it spent 116% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Central Piedmont Community College Services Corporation sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within NC. Charities of a similar size with the same main cause include Sundale Foundation for Students and Community Inc ($1.9m), Yeshiva Heichal Hatorah Inc ($1.9m) and Emmanuel Christian School Incorporated ($1.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.6% and program service revenue 96% of the total. At year end it held assets of $4.3m against liabilities of $326k, net assets of $4.0m.