South Puget Sound Community College Foundation

Analysis

South Puget Sound Community College Foundation is a registered charity in United States, based in Tumwater, WA. It received its IRS tax-exemption ruling in December 1983, 43 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 December 2023, South Puget Sound Community College Foundation reported income of $4.2m and spending of $2.5m, leaving 41% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.4m to $4.2m (+73%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 146%. Over the whole period it spent 43% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, South Puget Sound Community College Foundation sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within WA. Charities of a similar size with the same main cause include Johnson University ($4.2m), Wise Learning Corporation ($4.2m) and Western Village Academy Inc ($4.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 4.3% of the total. At year end it held assets of $17.0m against liabilities of $102k, net assets of $16.9m.