Chemeketa Community College Foundation

Analysis

Chemeketa Community College Foundation is a registered charity in United States, based in Salem, OR. It received its IRS tax-exemption ruling in November 1974, 52 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Chemeketa Community College Foundation reported income of $1.4m and spending of $1.0m, leaving 27% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $922k to $1.4m (+52%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 109%. Over the whole period it spent 70% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Chemeketa 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 84th percentile within OR. Charities of a similar size with the same main cause include Commitment to Excellence Inc ($1.4m), New Hampshire Womens Foundation ($1.4m) and Bridges School Early Childhoodprogram Inc ($1.4m).

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 $8.5m against liabilities of $4,737, net assets of $8.5m.