Community Foundation Trust

Analysis

Community Foundation Trust is a registered charity in United States, based in Fort Collins, CO. It received its IRS tax-exemption ruling in August 2009, 17 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Community Foundation Trust reported income of $790k and spending of $24k, leaving 97% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $258k to $790k (+207%), an average of +32% a year. The sharpest change came in the year to June 2020, when income rose by 1195%. Over the whole period it spent 74% 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 Trust sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 75th percentile within CO. Charities of a similar size with the same main cause include Fund More Good Foundation Inc ($788k), Highland Area Community Foundation Inc ($790k) and S & a Childrens Care Services ($787k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $1.5m against liabilities of $91k, net assets of $1.4m.