Dearborn Community Foundation Inc

Analysis

Dearborn Community Foundation Inc is a registered charity in United States, based in Lawrenceburg, 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, Dearborn Community Foundation Inc reported income of $3.1m and spending of $1.6m, leaving 47% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.6m to $3.1m (-14%), an average of -3.7% a year. The sharpest change came in the year to December 2021, when income rose by 115%. Over the whole period it spent 60% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Dearborn Community Foundation Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within IN. Charities of a similar size with the same main cause include Ecdc Enterprise Development Group ($3.1m), Parkinson Association of Alabama Inc ($3.1m) and 131 Steuart Street Foundation ($3.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% of the total. Compensation of current officers, directors and key employees was $119k (7.3% of expenses). Other salaries and wages came to $118k. At year end it held assets of $29.3m against liabilities of $10.0m, net assets of $19.3m. It reported 4 employees.