Hopkinsville Community College Foundation Inc

Analysis

Hopkinsville Community College Foundation Inc is a registered charity in United States, based in Hopkinsville, KY. It received its IRS tax-exemption ruling in August 1991, 35 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 June 2023, Hopkinsville Community College Foundation Inc reported income of $781k and spending of $321k, leaving 59% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $664k to $781k (+18%), an average of +5.5% a year. The sharpest change came in the year to June 2022, when income dropped by 153%. 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, Hopkinsville Community College Foundation Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within KY. Charities of a similar size with the same main cause include Saranac Lake Free Library ($781k), Changing Lives Academy Inc ($781k) and United States Collegiate Athletic Association ($781k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 11% of the total. At year end it held assets of $6.7m against liabilities of $24k, net assets of $6.7m.