The Erie County Community Foundation

Analysis

The Erie County Community Foundation is a registered charity in United States, based in Sandusky, OH. It received its IRS tax-exemption ruling in March 1995, 31 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, The Erie County Community Foundation reported income of $5.1m and spending of $3.3m, leaving 35% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.5m to $5.1m (+102%), an average of +19% a year. The sharpest change came in the year to December 2021, when income rose by 211%. Over the whole period it spent 47% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, The Erie County Community Foundation sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within OH. Charities of a similar size with the same main cause include Branden Sports and Aquatic Center ($5.1m), Special Forces Charitable Trust ($5.1m) and Amazin Mets Foundation Inc ($5.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 1.0% of the total. Compensation of current officers, directors and key employees was $100k (3.0% of expenses). Other salaries and wages came to $217k. At year end it held assets of $42.0m against liabilities of $4.6m, net assets of $37.5m. It reported 4 employees.