Solano Community College Scholarship Foundation Fund

Analysis

Solano Community College Scholarship Foundation Fund is a registered charity in United States, based in Fairfield, CA. It received its IRS tax-exemption ruling in April 1977, 49 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 March 2024, Solano Community College Scholarship Foundation Fund reported income of $96k and spending of $86k, spending 89% of its income. Across the 5 years on record, from March 2020 to March 2024, income fell from $122k to $96k (-21%), an average of -5.7% a year. The sharpest change came in the year to March 2024, when income rose by 198%. Over the whole period it spent 46% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Solano Community College Scholarship Foundation Fund sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 38th percentile within CA. Charities of a similar size with the same main cause include Mount Hope Incorporated ($96k), Economy Shop Inc ($97k) and Consolidated Fire Association of Bordentown New Jersey ($96k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 76% of the total. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.