Everett Community College Foundation

Analysis

Everett Community College Foundation is a registered charity in United States, based in Everett, WA. It received its IRS tax-exemption ruling in April 1986, 40 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2024, Everett Community College Foundation reported income of $1.5m and spending of $1.2m, leaving 20% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.5m to $1.5m (+0.5%), an average of +0.1% a year. The sharpest change came in the year to June 2022, when income rose by 122%. Over the whole period it spent 67% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Everett Community College Foundation sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within WA. Charities of a similar size with the same main cause include Agora Ministries Inc ($1.5m), Youth Rising ($1.5m) and Cascade Carrer Prep High School ($1.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 74% and program service revenue 5.0% of the total. At year end it held assets of $8.3m against liabilities of $11k, net assets of $8.2m.