Fayetteville Technical Community College Foundation Inc

Analysis

Fayetteville Technical Community College Foundation Inc is a registered charity in United States, based in Fayetteville, NC. It received its IRS tax-exemption ruling in October 1985, 41 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, Fayetteville Technical Community College Foundation Inc reported income of $1.3m and spending of $1.2m, spending 96% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $458k to $1.3m (+180%), an average of +29% a year. The sharpest change came in the year to June 2021, when income rose by 188%. Over the whole period it spent 72% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Fayetteville Technical Community College Foundation Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within NC. Charities of a similar size with the same main cause include Theirworld USA Inc ($1.3m), Hindus for Human Rights Inc ($1.3m) and Blue Adobe Project ($1.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 83% of the total. At year end it held assets of $7.1m against liabilities of $3,373, net assets of $7.1m.