Robeson Community College Foundation Inc

Analysis

Robeson Community College Foundation Inc is a registered charity in United States, based in Lumberton, NC. It received its IRS tax-exemption ruling in February 1986, 40 years ago. 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, Robeson Community College Foundation Inc reported income of $836k and spending of $336k, leaving 60% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $462k to $836k (+81%), an average of +16% a year. The sharpest change came in the year to June 2023, when income rose by 133%. Over the whole period it spent 64% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Robeson Community College Foundation Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within NC. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($836k), Texas Wounded Warriors ($836k) and Cooperstown Medical Center Foundation ($835k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 91% of the total. At year end it held assets of $4.6m against liabilities of $165k, net assets of $4.4m. It reported 4 employees.