Huntington County Community Foundation Inc

Analysis

Huntington County Community Foundation Inc is a registered charity in United States, based in Huntington, IN. It received its IRS tax-exemption ruling in December 1991, 35 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, Huntington County Community Foundation Inc reported income of $7.1m and spending of $1.7m, leaving 76% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.2m to $7.1m (+69%), an average of +14% a year. The sharpest change came in the year to December 2022, when income dropped by 157%. Over the whole period it spent 48% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Huntington County Community Foundation Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within IN. Charities of a similar size with the same main cause include Teneo Network Inc ($7.1m), Franciscan Health Foundation Inc ($7.1m) and Woolworth Foundation ($7.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% of the total. Other salaries and wages came to $202k. At year end it held assets of $25.1m against liabilities of $2.8m, net assets of $22.2m. It reported 4 employees.