Tri-County Technical College Foundation Inc

Analysis

Tri-County Technical College Foundation Inc is a registered charity in United States, based in Pendleton, SC. It received its IRS tax-exemption ruling in October 1982, 44 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Tri-County Technical College Foundation Inc reported income of $5.6m and spending of $3.1m, leaving 45% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $4.9m to $5.6m (+14%), an average of +3.4% a year. The sharpest change came in the year to June 2021, when income rose by 151%. Over the whole period it spent 43% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Tri-County Technical College Foundation Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 95th percentile within SC. Charities of a similar size with the same main cause include Yeshivat Keter Torah Inc ($5.6m), Howard Gardner Multiple Intelligence Charter School ($5.6m) and Tapestry School Inc ($5.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 21% and program service revenue 44% of the total. Other salaries and wages came to $130k. At year end it held assets of $70.5m against liabilities of $18.5m, net assets of $52.1m.