The Community Foundation of Shelby County

Analysis

The Community Foundation of Shelby County is a registered charity in United States, based in Sidney, OH. It received its IRS tax-exemption ruling in February 1954, 72 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 Community Foundation of Shelby County reported income of $11.8m and spending of $4.7m, leaving 60% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.2m to $11.8m (+126%), an average of +23% a year. The sharpest change came in the year to December 2021, when income rose by 418%. 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 Community Foundation of Shelby County 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 96th percentile, and in the 96th percentile within OH. Charities of a similar size with the same main cause include Foundation for Appalachian Kentucky Inc ($11.8m), Malaria No More Fund ($11.8m) and Jewishcolorado ($11.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% of the total. Compensation of current officers, directors and key employees was $113k (2.4% of expenses). Other salaries and wages came to $181k. At year end it held assets of $60.0m against liabilities of $16.3m, net assets of $43.8m. It reported 6 employees.