Redlands Community College Foundation Inc

Analysis

Redlands Community College Foundation Inc is a registered charity in United States, based in El Reno, OK. It received its IRS tax-exemption ruling in May 1977, 49 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 January 2024, Redlands Community College Foundation Inc reported income of $696k and spending of $431k, leaving 38% of income unspent that year. Across the 6 years on record, from January 2019 to January 2024, income grew from $163k to $696k (+328%), an average of +34% a year. The sharpest change came in the year to January 2023, when income rose by 3038%. Over the whole period it spent 7.7% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Redlands Community College Foundation Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within OK. Charities of a similar size with the same main cause include Covington Community Montessori Inc ($696k), Hand in Hand Parenting ($696k) and Independent Schools Corporate Tax Foundation ($696k).

On its Form 990 for the period ending January 2024, revenue came from contributions and grants 37% of the total. Compensation of current officers, directors and key employees was $129k (30% of expenses). At year end it held assets of $12.6m against liabilities of $197k, net assets of $12.4m.