Isothermal Community College Foundation Inc

Analysis

Isothermal Community College Foundation Inc is a registered charity in United States, based in Spindale, NC. It received its IRS tax-exemption ruling in December 1983, 43 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, Isothermal Community College Foundation Inc reported income of $759k and spending of $380k, leaving 50% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $230k to $759k (+230%), an average of +35% a year. The sharpest change came in the year to June 2024, when income rose by 330%. Over the whole period it spent 57% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Isothermal Community College Foundation Inc 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 76th percentile, and in the 76th percentile within NC. Charities of a similar size with the same main cause include Achievement Rewards for College Scientists Foundation Inc ($758k), Activate Good Inc ($759k) and Convivial Learning Inc ($758k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 88% of the total. At year end it held assets of $3.8m against liabilities of $0, net assets of $3.8m.