Community Foundation of St Joseph County Inc

Analysis

Community Foundation of St Joseph County Inc is a registered charity in United States, based in South Bend, IN. It received its IRS tax-exemption ruling in May 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 2024, Community Foundation of St Joseph County Inc reported income of $21.6m and spending of $14.5m, leaving 33% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $19.9m to $21.6m (+9.1%), an average of +2.2% a year. The sharpest change came in the year to June 2021, when income rose by 177%. Over the whole period it spent 42% 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 St Joseph County Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within IN. Charities of a similar size with the same main cause include The Global Orphan Project Inc ($21.5m), Union General Hospital ($21.7m) and University of Central Florida Research Foundation Inc ($21.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 45% of the total. Compensation of current officers, directors and key employees was $419k (2.9% of expenses). Other salaries and wages came to $647k. At year end it held assets of $278.3m against liabilities of $3.6m, net assets of $274.7m. It reported 17 employees.