Hardin County Community Foundation

Analysis

Hardin County Community Foundation is a registered charity in United States, based in Kenton, OH. It received its IRS tax-exemption ruling in October 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, Hardin County Community Foundation reported income of $1.3m and spending of $312k, leaving 76% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $1.3m (+2.5%), an average of +0.6% a year. The sharpest change came in the year to December 2023, when income rose by 116%. Over the whole period it spent 31% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Hardin County Community Foundation sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within OH. Charities of a similar size with the same main cause include Farm Journal Agricultural Foundation ($1.3m), Henderson County United Way Inc ($1.3m) and The Stateline Community Foundation Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% of the total. Compensation of current officers, directors and key employees was $8,497 (2.7% of expenses). At year end it held assets of $11.7m against liabilities of $0, net assets of $11.7m. It reported 4 employees.