Conrad Company Foundation

Analysis

Conrad Company Foundation is a registered charity in United States, based in York, PA. It received its IRS tax-exemption ruling in March 1998, 28 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 private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Conrad Company Foundation reported income of $88k and spending of $47k, leaving 47% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $37k to $88k (+140%), an average of +140% a year. The sharpest change came in the year to December 2023, when income rose by 140%. 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, Conrad Company Foundation sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 32nd percentile within PA. Charities of a similar size with the same main cause include Laurels Legacy Inc ($88k), Events for a Cause ($88k) and Media Island International DTD 0391 ($88k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $144k against liabilities of $0, net assets of $144k.