Bishop State Community College Foundation

Analysis

Bishop State Community College Foundation is a registered charity in United States, based in Mobile, AL. It received its IRS tax-exemption ruling in February 1994, 32 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 September 2023, Bishop State Community College Foundation reported income of $201k and spending of $224k, spending 112% of what it took in. Across the 2 years on record, from September 2022 to September 2023, income fell from $378k to $201k (-47%), an average of -47% a year. The sharpest change came in the year to September 2023, when income dropped by 47%. Over the whole period it spent 74% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bishop State Community College Foundation sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 55th percentile within AL. Charities of a similar size with the same main cause include Beam Foundation ($201k), Little Sprouts Community Preschool ($201k) and Aledo Band Boosters Club ($201k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $481k against liabilities of $0, net assets of $481k.