Blackford County Community Foundation

Analysis

Blackford County Community Foundation is a registered charity in United States, based in Hartford City, IN. It received its IRS tax-exemption ruling in November 1990, 36 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, Blackford County Community Foundation reported income of $1.4m and spending of $851k, leaving 37% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income fell from $4.4m to $1.4m (-69%), an average of -21% a year. The sharpest change came in the year to December 2020, when income rose by 125%. Over the whole period it spent 58% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Blackford County Community Foundation sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within IN. Charities of a similar size with the same main cause include Barry County United Way ($1.4m), Friends of Vancouver Foundation ($1.4m) and Youth 2 Leaders Education Foundation ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $66k (7.7% of expenses). Other salaries and wages came to $66k. At year end it held assets of $12.2m against liabilities of $194k, net assets of $12.0m. It reported 3 employees.