Communitygiving

Analysis

Communitygiving is a registered charity in United States, based in Saint Cloud, MN. It received its IRS tax-exemption ruling in May 1986, 40 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 June 2024, Communitygiving reported income of $30.3m and spending of $22.5m, leaving 26% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $17.2m to $30.3m (+76%), an average of +15% a year. The sharpest change came in the year to June 2021, when income rose by 77%. Over the whole period it spent 69% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Communitygiving sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within MN. Charities of a similar size with the same main cause include Triangle Community Foundation ($30.2m), Community Foundation of Greater Johnstown ($30.5m) and United Charitable ($30.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 72% of the total. Compensation of current officers, directors and key employees was $261k (1.2% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $237.9m against liabilities of $45.3m, net assets of $192.6m. It reported 35 employees.