Zumbrota Community Trust

Analysis

Zumbrota Community Trust is a registered charity in United States, based in Zumbrota, MN. It received its IRS tax-exemption ruling in December 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, Zumbrota Community Trust reported income of $106k and spending of $57k, leaving 46% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $208k to $106k (-49%), an average of -29% a year. The sharpest change came in the year to December 2023, when income dropped by 51%. 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, Zumbrota Community Trust sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 36th percentile within MN. Charities of a similar size with the same main cause include 143 Collective ($106k), Shaarei Noam Inc ($106k) and Music Is Unity Foundation ($106k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% of the total. At year end it held assets of $643k against liabilities of $0, net assets of $643k.