Ottawa County Community Foundation Inc

Analysis

Ottawa County Community Foundation Inc is a registered charity in United States, based in Port Clinton, OH. It received its IRS tax-exemption ruling in June 2000, 26 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, Ottawa County Community Foundation Inc reported income of $106k and spending of $190k, spending 180% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $938k to $106k (-89%), an average of -42% a year. The sharpest change came in the year to December 2021, when income dropped by 74%. Over the whole period it spent 86% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Ottawa County Community Foundation Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 39th percentile within OH. Charities of a similar size with the same main cause include David Serlo Hardship Foundation Inc ($105k), Friends of Uncle Mike Inc ($106k) and Rogers Public Libary Foundation ($105k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 82% of the total. At year end it held assets of $55k against liabilities of $0, net assets of $55k.