Council on Foundations Inc

Analysis

Council on Foundations Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in November 1957, 69 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 December 2023, Council on Foundations Inc reported income of $13.2m and spending of $12.3m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $12.8m to $13.2m (+3.0%), an average of +0.7% a year. Over the whole period it spent 85% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Council on Foundations Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 90th percentile within DC. Charities of a similar size with the same main cause include Community Foundation of Greater Muscatine ($13.2m), San Joaquin Community Foundation Inc ($13.2m) and Kennedy Krieger Foundation Inc ($13.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $1.8m (15% of expenses). Other salaries and wages came to $4.3m. At year end it held assets of $39.9m against liabilities of $6.9m, net assets of $33.0m. It reported 47 employees.