Collin County Community College District Foundation

Analysis

Collin County Community College District Foundation is a registered charity in United States, based in McKinney, TX. It received its IRS tax-exemption ruling in October 1988, 38 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 August 2023, Collin County Community College District Foundation reported income of $2.8m and spending of $2.2m, leaving 21% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $1.6m to $2.8m (+74%), an average of +15% a year. The sharpest change came in the year to August 2020, when income rose by 83%. Over the whole period it spent 59% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Collin County Community College District Foundation sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 91st percentile within TX. Charities of a similar size with the same main cause include New York Academy Educational Services Inc ($2.8m), Alamo Heights School Foundation ($2.8m) and Summer Scholars ($2.8m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 77% of the total. At year end it held assets of $21.3m against liabilities of $19k, net assets of $21.3m.