Baudette Community Foundation

Analysis

Baudette Community Foundation is a registered charity in United States, based in Baudette, MN. It received its IRS tax-exemption ruling in December 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, Baudette Community Foundation reported income of $91k and spending of $112k, spending 123% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $78k to $91k (+16%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 135% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Baudette Community Foundation sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 32nd percentile within MN. Charities of a similar size with the same main cause include Masinyusane Inc ($91k), Daily Bread Food Pantry Inc ($91k) and Lafayette Foundation of the Conshohocken-Plymouth-Whitemarsh R ($91k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 86% of the total. At year end it held assets of $254k against liabilities of $85k, net assets of $169k.