Central Pennsylvania Community Foundation

Analysis

Central Pennsylvania Community Foundation is a registered charity in United States, based in Altoona, PA. It received its IRS tax-exemption ruling in May 1995, 31 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, Central Pennsylvania Community Foundation reported income of $2.8m and spending of $2.1m, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.4m to $2.8m (-17%), an average of -4.5% a year. The sharpest change came in the year to December 2021, when income rose by 35%. Over the whole period it spent 50% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Central Pennsylvania Community Foundation sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 87th percentile within PA. Charities of a similar size with the same main cause include Southwest Georgia United Empowerment Zone Inc ($2.8m), Havasu Community Health Foundation ($2.8m) and Recovery Research Network Foundation Inc ($2.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% of the total. Other salaries and wages came to $219k. At year end it held assets of $28.4m against liabilities of $2.9m, net assets of $25.4m. It reported 5 employees.