Tillamook Bay Community College Foundation Inc

Analysis

Tillamook Bay Community College Foundation Inc is a registered charity in United States, based in Tillamook, OR. It received its IRS tax-exemption ruling in September 1999, 27 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, Tillamook Bay Community College Foundation Inc reported income of $573k and spending of $193k, leaving 66% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $199k to $573k (+188%), an average of +30% a year. The sharpest change came in the year to June 2023, when income rose by 239%. Over the whole period it spent 66% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Tillamook Bay Community College Foundation Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within OR. Charities of a similar size with the same main cause include Pearl Blau Learning Center Inc ($573k), J O Y Academy of Southern Nevada ($573k) and Langston Foundation Inc ($573k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 87% of the total. At year end it held assets of $1.6m against liabilities of $0, net assets of $1.6m.