Ogeechee Technical College Foundation Inc

Analysis

Ogeechee Technical College Foundation Inc is a registered charity in United States, based in Statesboro, GA. It received its IRS tax-exemption ruling in May 1990, 36 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 2023, Ogeechee Technical College Foundation Inc reported income of $895k and spending of $313k, leaving 65% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $287k to $895k (+212%), an average of +33% a year. The sharpest change came in the year to June 2020, when income rose by 57%. Over the whole period it spent 46% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ogeechee Technical College Foundation Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 81st percentile within GA. Charities of a similar size with the same main cause include Solana Beach Schools Foundation ($895k), Virginia Beach Rescue Squad Foundation Inc ($895k) and Challenge Discovery Projects Inc ($895k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $4.5m against liabilities of $5,215, net assets of $4.5m.