Chautauqua Region Community Foundation Inc

Analysis

Chautauqua Region Community Foundation Inc is a registered charity in United States, based in Jamestown, NY. It received its IRS tax-exemption ruling in March 1979, 47 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, Chautauqua Region Community Foundation Inc reported income of $12.0m and spending of $6.3m, leaving 47% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $8.5m to $12.0m (+41%), an average of +8.9% a year. The sharpest change came in the year to December 2021, when income rose by 98%. Over the whole period it spent 54% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Chautauqua Region Community Foundation 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 94th percentile within NY. Charities of a similar size with the same main cause include Community Foundation of North Central Wisconsin Inc ($12.0m), Pacific Research Institute for Public Policy ($12.0m) and Troy Foundation ($12.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% of the total. Compensation of current officers, directors and key employees was $297k (4.7% of expenses). Other salaries and wages came to $383k. At year end it held assets of $132.8m against liabilities of $16.8m, net assets of $115.9m. It reported 10 employees.