Mendocino College Foundation Inc

Analysis

Mendocino College Foundation Inc is a registered charity in United States, based in Ukiah, CA. It received its IRS tax-exemption ruling in January 1986, 40 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Mendocino College Foundation Inc reported income of $950k and spending of $1.0m, spending 110% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $769k to $950k (+24%), an average of +5.4% a year. The sharpest change came in the year to June 2023, when income rose by 23%. Over the whole period it spent 116% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mendocino College Foundation Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within CA. Charities of a similar size with the same main cause include Liberian Education Achievement & Resource Network ($950k), Kipp Minnesota Abc ($950k) and Orcas Christian School Foundation ($950k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 56% and program service revenue 8.3% of the total. Other salaries and wages came to $205k. At year end it held assets of $11.0m against liabilities of $9,203, net assets of $11.0m. It reported 2 employees.