Piqua Community Foundation

Analysis

Piqua Community Foundation is a registered charity in United States, based in Piqua, OH. It received its IRS tax-exemption ruling in December 1993, 33 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, Piqua Community Foundation reported income of $1.8m and spending of $1.2m, leaving 35% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.8m (+50%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 71%. Over the whole period it spent 60% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Piqua Community Foundation sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within OH. Charities of a similar size with the same main cause include Cultural Exchange Network Inc ($1.8m), Philanthropy Ohio ($1.8m) and Global Commission Partners Inc ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% of the total. Other salaries and wages came to $114k. At year end it held assets of $17.3m against liabilities of $118k, net assets of $17.2m. It reported 3 employees.