Education
(B41I)
IRS Verified
DX Registered
FOUNDATION FOR READING AREA COMMUNITY COLLEGE
CharityAI™ Score
Not yet evaluated
Mission Statement
The Foundation for Reading Area Community College was created to raise, invest and manage private funds for the benefit of the College. The Foundation supports RACC's mission to build communities of learning to encourage educational growth by providing scholarship funding for all students with demonstrated financial need and for emerging initiatives that serve to further enhance the College's programs and facilities.
Financial Overview — FY 2024
$4.2M
Total Revenue
$3.0M
Total Expenses
N/A
Net Assets
0
Employees
Revenue Sources
Program Expense Ratio
N/A
Fundraising Efficiency
N/A
Operating Reserve
N/A
Liability-to-Asset
N/A
Revenue Diversification
N/A
Executive Compensation
$0
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $4.2M | $3.0M | N/A | — | 0 |
| 2023 | $1.9M | $1.9M | N/A | — | 0 |
| 2022 | $2.1M | $1.9M | N/A | — | 0 |
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