Montgomery County Foundation Inc

Analysis

Montgomery County Foundation Inc is a registered charity in United States, based in Blue Bell, PA. It received its IRS tax-exemption ruling in June 2001, 25 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable 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, Montgomery County Foundation Inc reported income of $1.9m and spending of $1.0m, leaving 47% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $1.9m (+92%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 129%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Montgomery County Foundation Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 84th percentile within PA. Charities of a similar size with the same main cause include Traditions at Stygler Road ($1.9m), St Cyprians Episcopal School ($1.9m) and River Garden Holding Company Inc ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% of the total. Compensation of current officers, directors and key employees was $163k (16% of expenses). At year end it held assets of $7.3m against liabilities of $636k, net assets of $6.7m. It reported 4 employees.