Sampson Community College Foundation Inc

Analysis

Sampson Community College Foundation Inc is a registered charity in United States, based in Clinton, NC. It received its IRS tax-exemption ruling in February 1987, 39 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 2023, Sampson Community College Foundation Inc reported income of $1.8m and spending of $1.5m, spending 82% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.2m to $1.8m (+52%), an average of +15% a year. The sharpest change came in the year to June 2022, when income rose by 148%. Over the whole period it spent 69% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sampson Community College Foundation Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within NC. Charities of a similar size with the same main cause include Concordia Charter School ($1.8m), BR Staffing Services Corporation ($1.8m) and Go Pack Foundation ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $4.6m against liabilities of $0, net assets of $4.6m.