Centralia College Foundation

Analysis

Centralia College Foundation is a registered charity in United States, based in Centralia, WA. It received its IRS tax-exemption ruling in April 1983, 43 years ago. 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, Centralia College Foundation reported income of $4.2m and spending of $1.3m, leaving 69% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.3m to $4.2m (+27%), an average of +6.2% a year. The sharpest change came in the year to June 2023, when income rose by 131%. Over the whole period it spent 35% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Centralia College Foundation 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 92nd percentile within WA. Charities of a similar size with the same main cause include United Cerebral Palsy of Mobile Inc ($4.2m), Hunterdon Hospice Inc ($4.2m) and Pentecostal Missionary Church of Christ 4th Watch Philippines Corp ($4.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 43% and program service revenue 2.7% of the total. At year end it held assets of $28.2m against liabilities of $123k, net assets of $28.1m.