Wilson Community College Foundation Inc

Analysis

Wilson Community College Foundation Inc is a registered charity in United States, based in Wilson, NC. It received its IRS tax-exemption ruling in August 1981, 45 years ago. 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, Wilson Community College Foundation Inc reported income of $605k and spending of $283k, leaving 53% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income fell from $780k to $605k (-22%), an average of -6.2% a year. The sharpest change came in the year to June 2023, when income rose by 48%. Over the whole period it spent 65% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Wilson Community 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 73rd percentile, and in the 73rd percentile within NC. Charities of a similar size with the same main cause include Fulton Volunteer Fire Department Inc ($605k), Christian Light & Salt Foundation Inc ($605k) and Wisconsin Family Council Inc ($605k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 24% and program service revenue 3.4% of the total. At year end it held assets of $6.9m against liabilities of $20k, net assets of $6.9m.