Orangeburg Calhoun Technical College Foundation Incorporated

Analysis

Orangeburg Calhoun Technical College Foundation Incorporated is a registered charity in United States, based in Orangeburg, SC. It received its IRS tax-exemption ruling in December 1977, 49 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, Orangeburg Calhoun Technical College Foundation Incorporated reported income of $556k and spending of $296k, leaving 47% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income fell from $2.0m to $556k (-72%), an average of -27% a year. The sharpest change came in the year to June 2021, when income dropped by 75%. Over the whole period it spent 31% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Orangeburg Calhoun Technical College Foundation Incorporated sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 76th percentile within SC. Charities of a similar size with the same main cause include Sioux City Iowa Joint Electrical Apprenticeship & Training Educ Tru ($556k), Sonshine Ministries Inc ($556k) and Civic Action Project Inc ($556k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 60% of the total. Compensation of current officers, directors and key employees was $32k (11% of expenses). Other salaries and wages came to $20k. At year end it held assets of $4.9m against liabilities of $1,668, net assets of $4.9m.