Community Foundation of Switzerland County Inc

Analysis

Community Foundation of Switzerland County Inc is a registered charity in United States, based in Vevay, IN. It received its IRS tax-exemption ruling in December 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, Community Foundation of Switzerland County Inc reported income of $497k and spending of $581k, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $497k (-53%), an average of -17% a year. The sharpest change came in the year to December 2021, when income rose by 33%. Over the whole period it spent 85% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Community Foundation of Switzerland County Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within IN. Charities of a similar size with the same main cause include National Christian Charitable Foundation Inc ($496k), Gifts to Give Inc ($497k) and International Society for Fluorescence Guided Surgery Inc ($496k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 27% of the total. Compensation of current officers, directors and key employees was $90k (15% of expenses). Other salaries and wages came to $57k. At year end it held assets of $15.5m against liabilities of $565k, net assets of $14.9m. It reported 2 employees.