Ohio County Community Foundation Inc

Analysis

Ohio County Community Foundation Inc is a registered charity in United States, based in Rising Sun, IN. It received its IRS tax-exemption ruling in April 1999, 27 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, Ohio County Community Foundation Inc reported income of $1.5m and spending of $793k, leaving 48% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.7m to $1.5m (-44%), an average of -14% a year. The sharpest change came in the year to December 2021, when income rose by 235%. Over the whole period it spent 80% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Ohio County Community Foundation 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 84th percentile within IN. Charities of a similar size with the same main cause include Friends of the Verde River ($1.5m), Big Rock Foundation Inc ($1.5m) and Brian Muha Memorial Foundation Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.0% of the total. Compensation of current officers, directors and key employees was $54k (6.8% of expenses). Other salaries and wages came to $60k. At year end it held assets of $36.8m against liabilities of $21.0m, net assets of $15.8m. It reported 7 employees.