Johnston Community College Foundation Inc

Analysis

Johnston Community College Foundation Inc is a registered charity in United States, based in Smithfield, NC. It received its IRS tax-exemption ruling in September 1986, 40 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 2023, Johnston Community College Foundation Inc reported income of $826k and spending of $1.4m, spending 165% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.7m to $826k (-51%), an average of -16% a year. The sharpest change came in the year to June 2023, when income dropped by 72%. Over the whole period it spent 53% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Johnston Community College Foundation Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within NC. Charities of a similar size with the same main cause include Professional & Organizational Deveolpment Network in Higher Educ ($825k), Zeta Beta Tau Foundation Inc ($826k) and Stillwater Public Library ($825k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 145% of the total. At year end it held assets of $13.7m against liabilities of $443k, net assets of $13.3m.