Johnson County Community Foundation Inc
Analysis
Johnson County Community Foundation Inc is a registered charity in United States, based in Franklin, IN. It received its IRS tax-exemption ruling in June 1994, 32 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, Johnson County Community Foundation Inc reported income of $5.1m and spending of $2.9m, leaving 43% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.0m to $5.1m (+27%), an average of +6.1% a year. The sharpest change came in the year to December 2022, when income rose by 190%. Over the whole period it spent 45% of the income it received.
Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Johnson County Community Foundation Inc 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 93rd percentile within IN. Charities of a similar size with the same main cause include Community Foundation of Central Wisconsin Inc ($5.1m), United Way of Asheville & Buncombe County Inc ($5.1m) and Buhl Regional Health Foundation ($5.1m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 0.6% of the total. Compensation of current officers, directors and key employees was $289k (10% of expenses). Other salaries and wages came to $158k. At year end it held assets of $42.7m against liabilities of $3.2m, net assets of $39.6m. It reported 8 employees.
Income and spending
Where the income comes from
- Contributions & grants 80%
- Program services 0.6%
- Other 19%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Community Foundation of Central Wisconsin Inc | Stevens Point | $5.1m |
| United Way of Asheville & Buncombe County Inc | Asheville | $5.1m |
| Buhl Regional Health Foundation | Hermitage | $5.1m |
| Vegas Golden Knights Foundation Inc | Las Vegas | $5.1m |