North East Community Foundation

Analysis

North East Community Foundation is a registered charity in United States, based in Erie, PA. It received its IRS tax-exemption ruling in August 1991, 35 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, North East Community Foundation reported income of $810k and spending of $752k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $266k to $810k (+204%), an average of +32% a year. The sharpest change came in the year to December 2021, when income rose by 204%. Over the whole period it spent 29% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, North East Community Foundation sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 75th percentile within PA. Charities of a similar size with the same main cause include Mildreds Dream Foundation Inc ($810k), Lake County Community Fund ($810k) and NCF Supporting Organization ($808k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% of the total. At year end it held assets of $16.1m against liabilities of $53k, net assets of $16.1m.