Cass County Community Foundation Inc

Analysis

Cass County Community Foundation Inc is a registered charity in United States, based in Logansport, IN. It received its IRS tax-exemption ruling in February 2001, 25 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, Cass County Community Foundation Inc reported income of $15.0m and spending of $1.7m, leaving 89% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.4m to $15.0m (+532%), an average of +59% a year. The sharpest change came in the year to December 2023, when income rose by 242%. Over the whole period it spent 27% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Cass County Community Foundation Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within IN. Charities of a similar size with the same main cause include Utahs Promise ($14.9m), In Touch Foundation Inc ($15.0m) and Humboldt Area Foundation ($14.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. Compensation of current officers, directors and key employees was $155k (9.2% of expenses). Other salaries and wages came to $69k. At year end it held assets of $45.4m against liabilities of $1.3m, net assets of $44.2m. It reported 3 employees.