Union County Community Foundation

Analysis

Union County Community Foundation is a registered charity in United States, based in El Dorado, AR. It received its IRS tax-exemption ruling in April 1997, 29 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 September 2023, Union County Community Foundation reported income of $1.3m and spending of $1.2m, spending 95% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $3.3m to $1.3m (-61%), an average of -21% a year. The sharpest change came in the year to September 2021, when income rose by 141%. Over the whole period it spent 59% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Union 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 83rd percentile within AR. Charities of a similar size with the same main cause include Barrow Community Foundation ($1.3m), Tax Credit Benevolent Association ($1.3m) and United Way of Payne County Inc ($1.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 29% of the total. Other salaries and wages came to $90k. At year end it held assets of $25.4m against liabilities of $73k, net assets of $25.3m. It reported 2 employees.