Pleasants Community Foundation Inc

Analysis

Pleasants Community Foundation Inc is a registered charity in United States, based in Saint Marys, WV. It received its IRS tax-exemption ruling in November 2011, 15 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, Pleasants Community Foundation Inc reported income of $1.8m and spending of $301k, leaving 83% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $287k to $1.8m (+522%), an average of +58% a year. The sharpest change came in the year to December 2023, when income rose by 189%. Over the whole period it spent 30% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Pleasants Community Foundation Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within WV. Charities of a similar size with the same main cause include Connecticut Council for Philanthropy ($1.8m), Bruce Barclay Cameron Foundation Inc ($1.8m) and American Friends of Yeshivas Nesivos Ahron ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 95% of the total. Compensation of current officers, directors and key employees was $18k (6.0% of expenses). At year end it held assets of $5.1m against liabilities of $1,461, net assets of $5.1m. It reported 1 employees.