Ozarka Technical College Foundation

Analysis

Ozarka Technical College Foundation is a registered charity in United States, based in Melbourne, AR. It received its IRS tax-exemption ruling in February 1992, 34 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, Ozarka Technical College Foundation reported income of $335k and spending of $113k, leaving 66% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $222k to $335k (+51%), an average of +15% a year. The sharpest change came in the year to June 2023, when income rose by 4409%. Over the whole period it spent 48% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ozarka Technical College Foundation sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within AR. Charities of a similar size with the same main cause include Associated Builders and Contractors Pelican Education Foundation Inc ($335k), Clayton Business and Community Association Inc ($335k) and University of Exeter US Foundation ($335k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 26% of the total. At year end it held assets of $2.9m against liabilities of $1,238, net assets of $2.9m.