Your Community Foundation of North Central WV Inc

Analysis

Your Community Foundation of North Central WV Inc is a registered charity in United States, based in Morgantown, WV. It received its IRS tax-exemption ruling in December 2011, 15 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, Your Community Foundation of North Central WV Inc reported income of $3.3m and spending of $980k, leaving 70% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $3.3m (+87%), an average of +17% a year. The sharpest change came in the year to December 2021, when income rose by 111%. Over the whole period it spent 48% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Your Community Foundation of North Central WV Inc sits at the 91st percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within WV. Charities of a similar size with the same main cause include Tnpo2 Foundation ($3.3m), Baton Rouge Community College Foundation Inc ($3.3m) and Warrior Rising ($3.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% of the total. Compensation of current officers, directors and key employees was $175k (18% of expenses). Other salaries and wages came to $46k. At year end it held assets of $25.1m against liabilities of $2.6m, net assets of $22.5m. It reported 4 employees.