Community Foundation of Pulaski Inc

Analysis

Community Foundation of Pulaski Inc is a registered charity in United States, based in Winamac, IN. It received its IRS tax-exemption ruling in February 2002, 24 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 Pulaski Inc reported income of $1.1m and spending of $1.1m, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.5m to $1.1m (-32%), an average of -9.1% a year. The sharpest change came in the year to December 2022, when income rose by 109%. Over the whole period it spent 55% 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 Pulaski Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within IN. Charities of a similar size with the same main cause include St Vincent de Paul Society St Andrews Conference of Sierra Vista ($1.1m), Haitian Global Health Alliance Inc ($1.1m) and Inland Empire United Way ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $71k (6.2% of expenses). Other salaries and wages came to $60k. At year end it held assets of $15.8m against liabilities of $1.2m, net assets of $14.6m. It reported 3 employees.