Southwest Community College Foundation

Analysis

Southwest Community College Foundation is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in August 1987, 39 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Southwest Community College Foundation reported income of $107k and spending of $39k, leaving 64% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $78k to $107k (+38%), an average of +38% a year. The sharpest change came in the year to June 2023, when income rose by 38%. Over the whole period it spent 75% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Southwest Community College Foundation sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 41st percentile within CA. Charities of a similar size with the same main cause include Monticello High School Athletic Boosters Club Inc ($107k), The Cooperative Preschool Inc ($107k) and West Perry Athletic Booster Club ($107k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $106k against liabilities of $0, net assets of $106k.