Charity Search / BEAUFORT COUNTY COMMUNITY COLLEGE FOUNDATION
Education (B41I) IRS Verified DX Registered 990 on File

BEAUFORT COUNTY COMMUNITY COLLEGE FOUNDATION

EIN: 58-1698724 · WASHINGTON, NC 27889-7889 · United States · FY 2025 Data
4 out of 5 74 / 100 Based on 2+ years of filings
Financial strength (30%) 94/100
Reliability (20%) 55/100
Effectiveness (25%) 78/100
Impact (25%) 60/100
Financial data: FY 2025 · Scored 9/13/2026
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Mission Statement

The mission of the Beaufort County Community College Foundation is to provide broad-based community support for the college in achieving its educational goals. The Foundation seeks to achieve this mission through the solicitation of private gifts of money, property, and services and by the management of such assets to enhance the educational programs and services offered by the College.

Financial Overview — FY 2025
$1.2M
Total Revenue
$421K
Total Expenses
$5.5M
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 89.0%
Fundraising Efficiency N/A
Operating Reserve 156.29x
Liability-to-Asset 0.1%
Revenue Diversification 52.6%
Compared with Peers
FY 2025
Compared with 10,291 similar organizations (United States, Education, $100K–$1M in expenses), FY 2025.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
89.0% 89.6%
P10P90
Below median
Admin expense ratio
Management and general / total expenses · lower is better
11.0% 7.5%
P10P90
Below median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.0% 0.0%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
156.3 mo 9.1 mo
P10P90
Top quarter
Liabilities to assets
Total liabilities / total assets · lower is better
0.1% 0.1%
P10P90
Above median
Revenue concentration
Share of revenue from the largest source · lower is better
52.6% 87.8%
P10P90
Top quarter
Surplus margin
Surplus as a share of revenue
65.4% 3.1%
P10P90
Impact
1 program
Outcome / Program People Served Cost / Service # Completed Duration
Removal of financial barriers to obtain post-secondary education at the community college level 350 $500.00 Per Year
Financial History
Year Revenue Expenses Net Assets Program % Staff
2025 $1.2M $421K $5.5M 89.0% 0
2023 $615K $303K $4.3M 98.8% 0
2022 $655K $182K $3.9M 95.2% 0
2021 $514K $148K N/A 0
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Organization Details
EIN
58-1698724
State
NC
City
WASHINGTON
ZIP
27889-7889
Classification
B41I
Category
Education
Rating
4★
Coverage
A
Last Updated
Aug 2026
IRS Ruling Year
1984
Foundation Code
15
Form 990
On File
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