East Central Community College Foundation Inc

Analysis

East Central Community College Foundation Inc is a registered charity in United States, based in Decatur, MS. It received its IRS tax-exemption ruling in August 1997, 29 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, East Central Community College Foundation Inc reported income of $1.1m and spending of $796k, leaving 27% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $783k to $1.1m (+39%), an average of +8.6% a year. The sharpest change came in the year to June 2021, when income rose by 61%. Over the whole period it spent 59% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, East Central Community College Foundation Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 82nd percentile within MS. Charities of a similar size with the same main cause include Chrysalis Foundation ($1.1m), Sacramento Metro Chamber Foundation ($1.1m) and Citizen of Burma Award Organization Inc ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 79% of the total. At year end it held assets of $10.0m against liabilities of $4,575, net assets of $10.0m.