Southwestern Oregon Community College Foundation Inc

Analysis

Southwestern Oregon Community College Foundation Inc is a registered charity in United States, based in Coos Bay, OR. It received its IRS tax-exemption ruling in November 1963, 63 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, Southwestern Oregon Community College Foundation Inc reported income of $655k and spending of $456k, leaving 30% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.2m to $655k (-45%), an average of -14% a year. The sharpest change came in the year to June 2022, when income rose by 128%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Southwestern Oregon Community College Foundation Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within OR. Charities of a similar size with the same main cause include A Stepping Stone Foundation ($655k), Home at Last Inc ($655k) and Tiburon Peninsula Soccer League Inc ($655k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 76% of the total. Other salaries and wages came to $34k. At year end it held assets of $6.0m against liabilities of $77k, net assets of $5.9m.