Amherst Community Foundation

Analysis

Amherst Community Foundation is a registered charity in United States, based in Amherst, NY. It received its IRS tax-exemption ruling in September 2004, 22 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, Amherst Community Foundation reported income of $121k and spending of $42k, leaving 65% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $75k to $121k (+62%), an average of +62% a year. The sharpest change came in the year to December 2023, when income rose by 62%. Over the whole period it spent 40% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Amherst Community Foundation sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 41st percentile within NY. Charities of a similar size with the same main cause include Saltbox House ($121k), Cry4humanity Inc ($121k) and Scfsha Charitable Organization ($121k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 11% of the total. At year end it held assets of $164k against liabilities of $2,000, net assets of $162k.