West Point Community Foundation

Analysis

West Point Community Foundation is a registered charity in United States, based in West Point, NE. It received its IRS tax-exemption ruling in May 1992, 34 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, West Point Community Foundation reported income of $88k and spending of $105k, spending 120% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $375k to $88k (-77%), an average of -30% a year. The sharpest change came in the year to December 2021, when income rose by 309%. Over the whole period it spent 175% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, West Point Community Foundation sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 31st percentile within NE. Charities of a similar size with the same main cause include California Nevada District Exchange Clubs Charitable Foundation Inc ($88k), Gainesville Jaycees Charities Inc ($88k) and Edward Whittingham Thomas Memorial Fund ($88k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% of the total. At year end it held assets of $1.7m against liabilities of $0, net assets of $1.7m.