Community Foundation of Randolph County Inc

Analysis

Community Foundation of Randolph County Inc is a registered charity in United States, based in Winchester, IN. It received its IRS tax-exemption ruling in December 1993, 33 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 of Randolph County Inc reported income of $1.6m and spending of $971k, leaving 40% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.6m (+43%), an average of +9.3% a year. The sharpest change came in the year to December 2021, when income rose by 96%. Over the whole period it spent 51% 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 of Randolph County Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within IN. Charities of a similar size with the same main cause include Arkansas Childrens Hospital Auxiliary ($1.6m), Uvmc Foundation ($1.6m) and E C Edwards Memorial TR Fbo Findlay Hospital ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 49% of the total. Compensation of current officers, directors and key employees was $78k (8.1% of expenses). Other salaries and wages came to $79k. At year end it held assets of $15.5m against liabilities of $1.1m, net assets of $14.4m.