Northern Chautauqua Community Foundation Inc

Analysis

Northern Chautauqua Community Foundation Inc is a registered charity in United States, based in Dunkirk, NY. It received its IRS tax-exemption ruling in June 1992, 34 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, Northern Chautauqua Community Foundation Inc reported income of $2.7m and spending of $2.2m, spending 80% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $2.7m (+84%), an average of +16% a year. The sharpest change came in the year to December 2020, when income rose by 63%. Over the whole period it spent 68% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Northern Chautauqua Community Foundation Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 85th percentile within NY. Charities of a similar size with the same main cause include Roxbury Community College Foundation Inc ($2.7m), Muskegon Museum of Art Foundation ($2.7m) and Archdiocese of Milwaukee Catholic Community Foundation Inc ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 1.0% of the total. Compensation of current officers, directors and key employees was $91k (4.2% of expenses). Other salaries and wages came to $255k. At year end it held assets of $37.1m against liabilities of $4.0m, net assets of $33.1m. It reported 8 employees.