Community Foundation of the Fox River Valley

Analysis

Community Foundation of the Fox River Valley is a registered charity in United States, based in Aurora, IL. It received its IRS tax-exemption ruling in January 1950, 76 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 the Fox River Valley reported income of $17.5m and spending of $9.2m, leaving 48% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $8.1m to $17.5m (+116%), an average of +21% a year. The sharpest change came in the year to December 2020, when income rose by 71%. Over the whole period it spent 56% 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 the Fox River Valley 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 97th percentile, and in the 97th percentile within IL. Charities of a similar size with the same main cause include Fore Kids Foundation Inc ($17.4m), Aspen Community Foundation ($17.5m) and Impact Charitable ($17.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% of the total. Compensation of current officers, directors and key employees was $204k (2.2% of expenses). Other salaries and wages came to $689k. At year end it held assets of $132.7m against liabilities of $671k, net assets of $132.0m. It reported 9 employees.