Shoreline Community College Foundation

Analysis

Shoreline Community College Foundation is a registered charity in United States, based in Shoreline, WA. It received its IRS tax-exemption ruling in November 1984, 42 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, Shoreline Community College Foundation reported income of $769k and spending of $848k, spending 110% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $803k to $769k (-4.1%), an average of -1.1% a year. The sharpest change came in the year to June 2020, when income rose by 157%. Over the whole period it spent 62% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Shoreline Community College Foundation sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within WA. Charities of a similar size with the same main cause include St Albans Free Library ($769k), United Way of Albany County Inc ($769k) and Hillel the Foundation for Jewish Campus Life ($769k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 79% and program service revenue 6.6% of the total. At year end it held assets of $6.8m against liabilities of $71k, net assets of $6.7m.