Ripley County Community Foundation Inc

Analysis

Ripley County Community Foundation Inc is a registered charity in United States, based in Batesville, IN. It received its IRS tax-exemption ruling in June 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, Ripley County Community Foundation Inc reported income of $2.1m and spending of $1.6m, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $2.1m (+48%), an average of +10% a year. The sharpest change came in the year to December 2023, when income rose by 132%. Over the whole period it spent 59% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Ripley County Community Foundation Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within IN. Charities of a similar size with the same main cause include Matan B Sayser of Cleveland Inc ($2.1m), RFSW Endowment Inc ($2.1m) and Educational Facilities Corporationfor Lexington School District No 2 ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% of the total. Compensation of current officers, directors and key employees was $97k (6.1% of expenses). Other salaries and wages came to $172k. At year end it held assets of $16.8m against liabilities of $1.1m, net assets of $15.7m. It reported 10 employees.