Klamath Community College Foundation

Analysis

Klamath Community College Foundation is a registered charity in United States, based in Klamath Falls, OR. It received its IRS tax-exemption ruling in November 1997, 29 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 2023, Klamath Community College Foundation reported income of $1.2m and spending of $1.9m, spending 153% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $695k to $1.2m (+75%), an average of +15% a year. The sharpest change came in the year to June 2022, when income rose by 72%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Klamath Community College Foundation sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within OR. Charities of a similar size with the same main cause include Hope Preparatory School Inc ($1.2m), Connecticut Center for Arts & Technology Inc ($1.2m) and National Model United Nations Inc ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $1.4m against liabilities of $645k, net assets of $755k.