Northwest-Shoals Community College Foundation Inc

Analysis

Northwest-Shoals Community College Foundation Inc is a registered charity in United States, based in Muscle Shoals, AL. It received its IRS tax-exemption ruling in July 1989, 37 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2023, Northwest-Shoals Community College Foundation Inc reported income of $227k and spending of $368k, spending 162% of what it took in. Across the 4 years on record, from March 2020 to March 2023, income grew from $99k to $227k (+130%), an average of +32% a year. The sharpest change came in the year to March 2021, when income rose by 347%. Over the whole period it spent 74% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Northwest-Shoals Community College Foundation Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 57th percentile within AL. Charities of a similar size with the same main cause include Rise Up Woman International ($227k), Parenting with Purpose ($227k) and Eastern Apicultural Society of North America Inc ($227k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 114% of the total. At year end it held assets of $1.8m against liabilities of $0, net assets of $1.8m.