Pamlico Community College Foundation Inc

Analysis

Pamlico Community College Foundation Inc is a registered charity in United States, based in Grantsboro, 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, Pamlico Community College Foundation Inc reported income of $163k and spending of $44k, leaving 73% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $83k to $163k (+96%), an average of +14% a year. The sharpest change came in the year to June 2021, when income rose by 201%. Over the whole period it spent 53% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pamlico Community College Foundation Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within NC. Charities of a similar size with the same main cause include Sports Outreach ($163k), Randolph Area Foundation Inc ($163k) and PTA California Congress of Parents Teachers & Students Inc ($163k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 12% of the total. At year end it held assets of $1.1m against liabilities of $36, net assets of $1.1m.