Greater Edgar County Community Foundation Inc

Analysis

Greater Edgar County Community Foundation Inc is a registered charity in United States, based in Paris, IL. It received its IRS tax-exemption ruling in March 1994, 32 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, Greater Edgar County Community Foundation Inc reported income of $297k and spending of $247k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $496k to $297k (-40%), an average of -12% a year. The sharpest change came in the year to December 2022, when income dropped by 25%. Over the whole period it spent 62% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Greater Edgar County Community Foundation Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 62nd percentile within IL. Charities of a similar size with the same main cause include Community Inroads Inc ($296k), Peace for the Persecuted ($297k) and United Way of Northern Cameron Co ($296k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% of the total. Compensation of current officers, directors and key employees was $34k (14% of expenses). At year end it held assets of $2.6m against liabilities of $35k, net assets of $2.6m. It reported 1 employees.