Edmonds Community College Foundation

Analysis

Edmonds Community College Foundation is a registered charity in United States, based in Lynnwood, WA. It received its IRS tax-exemption ruling in September 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 June 2023, Edmonds Community College Foundation reported income of $1.7m and spending of $1.4m, spending 82% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.1m to $1.7m (+53%), an average of +11% a year. The sharpest change came in the year to June 2020, when income rose by 226%. Over the whole period it spent 77% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Edmonds Community College Foundation sits at the 81st percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within WA. Charities of a similar size with the same main cause include Midstate Youth Hockey Association Inc ($1.7m), Aims Community College Foundation ($1.7m) and Architectural Glass and Metal Certification Council ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $9.3m against liabilities of $145k, net assets of $9.2m.