Porter County Community Foundation Inc

Analysis

Porter County Community Foundation Inc is a registered charity in United States, based in Valparaiso, IN. It received its IRS tax-exemption ruling in April 1997, 29 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, Porter County Community Foundation Inc reported income of $7.1m and spending of $5.4m, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $6.6m to $7.1m (+7.0%), an average of +1.7% a year. The sharpest change came in the year to December 2022, when income rose by 283%. Over the whole period it spent 47% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Porter 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 Cfleads ($7.0m), Kearney Area Community Foundation ($7.1m) and Foundations in Education Inc ($7.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $339k (6.3% of expenses). Other salaries and wages came to $447k. At year end it held assets of $96.7m against liabilities of $25.6m, net assets of $71.1m. It reported 13 employees.