Chattanooga State Community College Foundation

Analysis

Chattanooga State Community College Foundation is a registered charity in United States, based in Chattanooga, TN. It received its IRS tax-exemption ruling in April 1978, 48 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, Chattanooga State Community College Foundation reported income of $805k and spending of $773k, spending 96% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $1.1m to $805k (-26%), an average of -5.9% a year. The sharpest change came in the year to June 2021, when income rose by 39%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Chattanooga State Community College Foundation sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within TN. Charities of a similar size with the same main cause include Angel Investor Foundation ($805k), Associated Students of Occidental College ($805k) and Lafayette School Inc ($804k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 62% of the total. At year end it held assets of $11.0m against liabilities of $80k, net assets of $11.0m.