Community Foundation of Carroll County

Analysis

Community Foundation of Carroll County is a registered charity in United States, based in Carroll, IA. It received its IRS tax-exemption ruling in October 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 June 2024, Community Foundation of Carroll County reported income of $449k and spending of $427k, spending 95% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $417k to $449k (+7.7%), an average of +1.9% a year. The sharpest change came in the year to June 2022, when income rose by 28%. Over the whole period it spent 84% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Community Foundation of Carroll County sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 71st percentile within IA. Charities of a similar size with the same main cause include Fmu Charitable Foundationincorporated ($449k), Ghba Charitable Foundation ($449k) and Frederick Foundation Ltd ($449k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 85% of the total. At year end it held assets of $1.9m against liabilities of $0, net assets of $1.9m.