North Harris Montgomery Community College District Foundation

Analysis

North Harris Montgomery Community College District Foundation is a registered charity in United States, based in The Woodlands, TX. It received its IRS tax-exemption ruling in June 1991, 35 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, North Harris Montgomery Community College District Foundation reported income of $7.2m and spending of $4.0m, leaving 44% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $3.2m to $7.2m (+128%), an average of +23% a year. The sharpest change came in the year to August 2023, when income rose by 102%. Over the whole period it spent 62% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, North Harris Montgomery Community College District Foundation sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within TX. Charities of a similar size with the same main cause include Aesop Inc ($7.2m), California College ($7.2m) and Wake Forest Charter Academy ($7.2m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 64% of the total. At year end it held assets of $39.5m against liabilities of $504k, net assets of $38.9m.