Sandusky County Communitiesfoundation

Analysis

Sandusky County Communitiesfoundation is a registered charity in United States, based in Fremont, OH. It received its IRS tax-exemption ruling in January 2008, 18 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, Sandusky County Communitiesfoundation reported income of $869k and spending of $452k, leaving 48% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $606k to $869k (+43%), an average of +9.4% a year. The sharpest change came in the year to December 2023, when income rose by 178%. Over the whole period it spent 74% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Sandusky County Communitiesfoundation sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within OH. Charities of a similar size with the same main cause include Community Foundation of the Virginias Inc ($868k), Stevenson High School Community Foundation ($869k) and Niles Community Services Inc ($867k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 7.7% of the total. Compensation of current officers, directors and key employees was $46k (10% of expenses). At year end it held assets of $7.5m against liabilities of $749, net assets of $7.5m. It reported 2 employees.