Foundation for Pierce College

Analysis

Foundation for Pierce College is a registered charity in United States, based in Woodland HLS, CA. It received its IRS tax-exemption ruling in January 1970, 56 years ago. 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 2024, Foundation for Pierce College reported income of $219k and spending of $76k, leaving 65% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $86k to $219k (+154%), an average of +20% a year. The sharpest change came in the year to June 2020, when income rose by 171%. Over the whole period it spent 44% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Foundation for Pierce College sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 58th percentile within CA. Charities of a similar size with the same main cause include Volunteers of America Inc ($219k), Lyon County Historical Society ($219k) and Eternal Rock Christian Church Inc ($219k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.