Pima Community College Foundation Inc

Analysis

Pima Community College Foundation Inc is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in March 1981, 45 years ago. 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, Pima Community College Foundation Inc reported income of $4.2m and spending of $3.4m, spending 80% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.5m to $4.2m (+187%), an average of +30% a year. The sharpest change came in the year to June 2021, when income rose by 229%. Over the whole period it spent 60% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pima Community College Foundation Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 89th percentile within AZ. Charities of a similar size with the same main cause include Saint Francis Home ($4.2m), Midlands Housing Alliance Inc ($4.2m) and Womens Economic Ventures ($4.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 78% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $162k (4.8% of expenses). Other salaries and wages came to $278k. At year end it held assets of $13.8m against liabilities of $198k, net assets of $13.6m. It reported 7 employees.