Yellow Springs Community Foundation

Analysis

Yellow Springs Community Foundation is a registered charity in United States, based in Yellow SPGS, OH. It received its IRS tax-exemption ruling in September 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 December 2023, Yellow Springs Community Foundation reported income of $2.0m and spending of $2.0m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $2.0m (+63%), an average of +13% a year. The sharpest change came in the year to December 2020, when income rose by 73%. Over the whole period it spent 73% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Yellow Springs Community Foundation sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within OH. Charities of a similar size with the same main cause include Yaldei Shluchei Harebbe Special Needs Organization ($2.0m), United Way of Union County Inc ($2.0m) and Cedar Valley United Way ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 3.4% of the total. Compensation of current officers, directors and key employees was $120k (6.1% of expenses). Other salaries and wages came to $129k. At year end it held assets of $20.5m against liabilities of $2.7m, net assets of $17.8m. It reported 7 employees.