Union County Foundation Inc

Analysis

Union County Foundation Inc is a registered charity in United States, based in Liberty, IN. It received its IRS tax-exemption ruling in August 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, Union County Foundation Inc reported income of $1.2m and spending of $1.1m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $1.2m (+17%), an average of +4.0% a year. The sharpest change came in the year to December 2023, when income rose by 33%. Over the whole period it spent 70% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Union County Foundation Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within IN. Charities of a similar size with the same main cause include Park Avenue Charitable Fund ($1.2m), LHS Foundation ($1.2m) and National Assistance League ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 49% and program service revenue 14% of the total. Other salaries and wages came to $100k. At year end it held assets of $11.1m against liabilities of $61k, net assets of $11.0m. It reported 5 employees.