Brown County Community Foundation Inc

Analysis

Brown County Community Foundation Inc is a registered charity in United States, based in Nashville, IN. It received its IRS tax-exemption ruling in February 1996, 30 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, Brown County Community Foundation Inc reported income of $2.7m and spending of $2.3m, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.7m to $2.7m (+0.3%), an average of +0.1% a year. The sharpest change came in the year to December 2021, when income rose by 127%. Over the whole period it spent 73% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Brown County Community Foundation 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 United Way of Merced County Inc ($2.7m), Community Foundation Partnership Inc ($2.7m) and Muskegon Museum of Art Foundation ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% and program service revenue 0.8% of the total. Compensation of current officers, directors and key employees was $70k (3.0% of expenses). Other salaries and wages came to $115k. At year end it held assets of $17.0m against liabilities of $1.2m, net assets of $15.8m. It reported 4 employees.