Leroy Community Foundation

Analysis

Leroy Community Foundation is a registered charity in United States, based in Le Roy, MN. It received its IRS tax-exemption ruling in March 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, Leroy Community Foundation reported income of $119k and spending of $79k, leaving 33% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $114k to $119k (+4.8%), an average of +1.2% a year. The sharpest change came in the year to December 2020, when income dropped by 47%. Over the whole period it spent 84% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Leroy Community Foundation sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 39th percentile within MN. Charities of a similar size with the same main cause include Teepe Family Foundation ($119k), Renewed Hope Ministries ($119k) and Chapin Davis Foundation Inc ($119k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% of the total. At year end it held assets of $299k against liabilities of $1,459, net assets of $297k. It reported 1 employees.