Community Foundation Partnership Inc
Analysis
Community Foundation Partnership Inc is a registered charity in United States, based in Bedford, IN. It received its IRS tax-exemption ruling in May 1998, 28 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, Community Foundation Partnership Inc reported income of $2.7m and spending of $1.9m, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.0m to $2.7m (-9.5%), an average of -2.5% a year. Over the whole period it spent 63% of the income it received.
Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Community Foundation Partnership Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within IN. Charities of a similar size with the same main cause include Brown County Community Foundation Inc ($2.7m), The Mountain Retreat & Learning Center Inc ($2.7m) and United Way of Merced County Inc ($2.7m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 0.5% of the total. Compensation of current officers, directors and key employees was $118k (6.1% of expenses). Other salaries and wages came to $221k. At year end it held assets of $29.0m against liabilities of $380k, net assets of $28.6m. It reported 6 employees.
Income and spending
Where the income comes from
- Contributions & grants 76%
- Program services 0.5%
- Other 23%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Brown County Community Foundation Inc | Nashville | $2.7m |
| The Mountain Retreat & Learning Center Inc | Highlands | $2.7m |
| United Way of Merced County Inc | Merced | $2.7m |
| Charter Conservatory for Liberal Arts & Technology Inc | Statesboro | $2.7m |