Modesto Junior College Foundation

Analysis

Modesto Junior College Foundation is a registered charity in United States, based in Modesto, CA. It received its IRS tax-exemption ruling in June 1968, 58 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, Modesto Junior College Foundation reported income of $2.6m and spending of $1.3m, leaving 49% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.8m to $2.6m (+45%), an average of +9.8% a year. The sharpest change came in the year to June 2022, when income rose by 149%. Over the whole period it spent 65% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Modesto Junior College Foundation sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within CA. Charities of a similar size with the same main cause include Riverbank Charter School of Excellence ($2.6m), Sauvie Island School ($2.6m) and Evergreen Christian School ($2.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 82% of the total. At year end it held assets of $17.0m against liabilities of $89k, net assets of $16.9m.