Community Foundation of Macon County

Analysis

Community Foundation of Macon County is a registered charity in United States, based in Decatur, IL. It received its IRS tax-exemption ruling in October 1998, 28 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 Macon County reported income of $12.1m and spending of $5.5m, leaving 55% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.9m to $12.1m (+147%), an average of +25% a year. The sharpest change came in the year to December 2023, when income rose by 172%. Over the whole period it spent 70% 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 Macon County sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within IL. Charities of a similar size with the same main cause include Capital for Good USA ($12.0m), Friends Of@raising the Village Incorporated ($12.1m) and Neighborhood Partnerships Inc ($12.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. Compensation of current officers, directors and key employees was $267k (4.9% of expenses). Other salaries and wages came to $196k. At year end it held assets of $56.3m against liabilities of $5.4m, net assets of $50.9m. It reported 11 employees.