Itawamba Community College Foundation Inc

Analysis

Itawamba Community College Foundation Inc is a registered charity in United States, based in Fulton, MS. It received its IRS tax-exemption ruling in February 1980, 46 years ago. 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 June 2024, Itawamba Community College Foundation Inc reported income of $1.0m and spending of $1.0m, spending 102% of its income. Across the 6 years on record, from December 2019 to June 2024, income grew from $677k to $1.0m (+50%), an average of +8.5% a year. The sharpest change came in the year to June 2023, when income rose by 235%. Over the whole period it spent 64% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Itawamba Community College Foundation Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 81st percentile within MS. Charities of a similar size with the same main cause include Jewish Federation of St Joseph Valley Inc ($1.0m), No Foot Too Small ($1.0m) and The Supreme Grand Lodge of the Ancient & Mystical Order Rosaecruc ($1.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 89% of the total. At year end it held assets of $8.4m against liabilities of $0, net assets of $8.4m.