Hancock County Communitydevelopment Foundation

Analysis

Hancock County Communitydevelopment Foundation is a registered charity in United States, based in Bay St Louis, MS. It received its IRS tax-exemption ruling in July 2006, 20 years ago. 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, Hancock County Communitydevelopment Foundation reported income of $443k and spending of $537k, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $405k to $443k (+9.4%), an average of +2.3% a year. The sharpest change came in the year to December 2022, when income rose by 54%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hancock County Communitydevelopment Foundation sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 70th percentile within MS. Charities of a similar size with the same main cause include The Mabel Mercer Foundation Inc ($443k), Godspeed Equine ($443k) and West Essex First Aid Squad Inc ($443k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. At year end it held assets of $570k against liabilities of $250k, net assets of $320k.