Florence-Darlington Technical College Foundation Inc

Analysis

Florence-Darlington Technical College Foundation Inc is a registered charity in United States, based in Florence, SC. It received its IRS tax-exemption ruling in April 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 (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, Florence-Darlington Technical College Foundation Inc reported income of $655k and spending of $767k, spending 117% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $689k to $655k (-4.9%), an average of -1.2% a year. The sharpest change came in the year to June 2023, when income rose by 103%. Over the whole period it spent 78% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Florence-Darlington Technical College Foundation Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 78th percentile within SC. Charities of a similar size with the same main cause include Lancaster Education Foundation ($655k), Jefferson Community College Foundation Inc ($655k) and Saint Sophia Hellenic Orthodox ($655k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 97% of the total. At year end it held assets of $2.9m against liabilities of $180k, net assets of $2.7m.