Community Foundation of the Ozarks Inc

Analysis

Community Foundation of the Ozarks Inc is a registered charity in United States, based in Springfield, MO. It received its IRS tax-exemption ruling in March 1974, 52 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 June 2023, Community Foundation of the Ozarks Inc reported income of $58.3m and spending of $29.8m, leaving 49% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $33.6m to $58.3m (+74%), an average of +15% a year. The sharpest change came in the year to June 2020, when income rose by 76%. Over the whole period it spent 49% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Community Foundation of the Ozarks Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within MO. Charities of a similar size with the same main cause include Joyful Noise Charitable Foundation ($58.3m), Ninth District Opportunity Inc ($58.5m) and The Pauley Family Foundation ($57.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 83% and program service revenue 1.9% of the total. Compensation of current officers, directors and key employees was $584k (2.0% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $426.7m against liabilities of $107.9m, net assets of $318.8m. It reported 40 employees.