Tallahassee State College Foundation Inc

Analysis

Tallahassee State College Foundation Inc is a registered charity in United States, based in Tallahassee, FL. It received its IRS tax-exemption ruling in September 1981, 45 years ago. Its declared purposes cover education, which this site groups under education and training. 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 March 2024, Tallahassee State College Foundation Inc reported income of $2.2m and spending of $1.7m, spending 81% of its income. Across the 5 years on record, from March 2020 to March 2024, income grew from $1.5m to $2.2m (+46%), an average of +9.9% a year. The sharpest change came in the year to March 2022, when income rose by 24%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Tallahassee State College Foundation Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within FL. Charities of a similar size with the same main cause include Red River Charter Academy ($2.1m), Kansas City Girls Preparatory Academy Foundation ($2.2m) and Tennessee Independent Colleges and Universities ($2.1m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 78% of the total. At year end it held assets of $24.2m against liabilities of $317k, net assets of $23.9m.