Crown Point Community Foundation Inc

Analysis

Crown Point Community Foundation Inc is a registered charity in United States, based in Crown Point, IN. It received its IRS tax-exemption ruling in February 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, Crown Point Community Foundation Inc reported income of $2.3m and spending of $2.1m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.1m to $2.3m (-25%), an average of -7.0% a year. The sharpest change came in the year to December 2021, when income rose by 58%. Over the whole period it spent 55% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Crown Point Community Foundation Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within IN. Charities of a similar size with the same main cause include Lever for Change ($2.3m), Aist Foundation ($2.3m) and San Francisco Fire Fighters Local 798 Surviving Families Fund ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 29% of the total. Compensation of current officers, directors and key employees was $124k (5.8% of expenses). Other salaries and wages came to $187k. At year end it held assets of $36.4m against liabilities of $3.3m, net assets of $33.1m. It reported 6 employees.