Village Foundation of Blowing Rock

Analysis

Village Foundation of Blowing Rock is a registered charity in United States, based in Blowing Rock, NC. It received its IRS tax-exemption ruling in November 2012, 14 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable 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, Village Foundation of Blowing Rock reported income of $154k and spending of $75k, leaving 52% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income fell from $209k to $154k (-26%), an average of -9.7% a year. The sharpest change came in the year to December 2021, when income rose by 154%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Village Foundation of Blowing Rock sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within NC. Charities of a similar size with the same main cause include Camp Gideon of Northeastern Ohio ($154k), Habitat for Humanity International Inc ($154k) and Fusion FC Inc ($154k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $253k against liabilities of $0, net assets of $253k.