Fairfield County Foundation

Analysis

Fairfield County Foundation is a registered charity in United States, based in Lancaster, OH. It received its IRS tax-exemption ruling in November 1989, 37 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, Fairfield County Foundation reported income of $6.8m and spending of $4.0m, leaving 41% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $7.7m to $6.8m (-12%), an average of -3.3% a year. The sharpest change came in the year to December 2021, when income rose by 83%. Over the whole period it spent 54% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Fairfield County Foundation sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within OH. Charities of a similar size with the same main cause include Jewish Federation of Greater Hartford ($6.8m), Fund for Kipp St Louis ($6.8m) and The Kings Trust USA Inc ($6.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $112k (2.8% of expenses). Other salaries and wages came to $277k. At year end it held assets of $70.0m against liabilities of $5.8m, net assets of $64.2m. It reported 6 employees.