Millville Community Foundation Inc

Analysis

Millville Community Foundation Inc is a registered charity in United States, based in Bloomsburg, PA. It received its IRS tax-exemption ruling in March 2017, 9 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, Millville Community Foundation Inc reported income of $79k and spending of $41k, leaving 49% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $868k to $79k (-91%), an average of -45% a year. The sharpest change came in the year to December 2020, when income dropped by 90%. Over the whole period it spent 13% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Millville Community Foundation Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 29th percentile within PA. Charities of a similar size with the same main cause include LLK Foundation ($79k), American Foundation for Jewish Education Inc ($79k) and Lonestar Legacy ($79k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 43% of the total. At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m.