Shelton State Community College Foundation Inc

Analysis

Shelton State Community College Foundation Inc is a registered charity in United States, based in Tuscaloosa, AL. It received its IRS tax-exemption ruling in September 1985, 41 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 December 2023, Shelton State Community College Foundation Inc reported income of $766k and spending of $812k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $808k to $766k (-5.2%), an average of -1.3% a year. The sharpest change came in the year to December 2022, when income rose by 72%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Shelton State 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 79th percentile within AL. Charities of a similar size with the same main cause include Special Delivery-San Diego ($766k), St Louis Blues Alumni Association ($766k) and The Legacy Center for Community Success ($766k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 32% of the total. At year end it held assets of $3.9m against liabilities of $0, net assets of $3.9m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.