Wayne County Community Foundation

Analysis

Wayne County Community Foundation is a registered charity in United States, based in Wooster, OH. It received its IRS tax-exemption ruling in July 1979, 47 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 June 2024, Wayne County Community Foundation reported income of $10.3m and spending of $7.0m, leaving 32% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income fell from $20.9m to $10.3m (-51%), an average of -16% a year. The sharpest change came in the year to June 2024, when income rose by 62%. Over the whole period it spent 55% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Wayne County Community Foundation sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within OH. Charities of a similar size with the same main cause include United Way Fox Cities Inc ($10.3m), Social Impact Fund ($10.3m) and United Way of the Capital Region ($10.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 66% of the total. Compensation of current officers, directors and key employees was $116k (1.7% of expenses). Other salaries and wages came to $174k. At year end it held assets of $136.9m against liabilities of $18.9m, net assets of $118.0m. It reported 4 employees.