Armstrong County Community Foundation

Analysis

Armstrong County Community Foundation is a registered charity in United States, based in Kittanning, PA. It received its IRS tax-exemption ruling in January 1999, 27 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, Armstrong County Community Foundation reported income of $7.3m and spending of $1.3m, leaving 82% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.7m to $7.3m (+98%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 357%. Over the whole period it spent 29% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Armstrong County Community Foundation sits at the 95th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within PA. Charities of a similar size with the same main cause include The Levine-Lent Family Foundation ($7.3m), Black Hills Area Community Foundation ($7.3m) and Logan Health Foundation ($7.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $81k (6.2% of expenses). Other salaries and wages came to $50k. At year end it held assets of $24.4m against liabilities of $143k, net assets of $24.3m. It reported 2 employees.