Harrison County Community Foundation Inc

Analysis

Harrison County Community Foundation Inc is a registered charity in United States, based in Corydon, IN. It received its IRS tax-exemption ruling in April 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, Harrison County Community Foundation Inc reported income of $4.0m and spending of $2.7m, leaving 34% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.0m to $4.0m (+0.1%), an average of +0.0% a year. The sharpest change came in the year to December 2022, when income dropped by 29%. 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, Harrison County Community Foundation Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within IN. Charities of a similar size with the same main cause include Coos Bay Rail Line Inc ($4.0m), The Community Foundation of Dickinson County Inc ($4.0m) and Memphis Jewish Federation ($4.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 31% of the total. Compensation of current officers, directors and key employees was $310k (12% of expenses). Other salaries and wages came to $452k. At year end it held assets of $40.7m against liabilities of $3.1m, net assets of $37.5m. It reported 9 employees.