Community Foundation of St Clair County

Analysis

Community Foundation of St Clair County is a registered charity in United States, based in Port Huron, MI. It received its IRS tax-exemption ruling in February 1945, 81 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 St Clair County reported income of $6.4m and spending of $7.1m, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.2m to $6.4m (+23%), an average of +5.2% a year. The sharpest change came in the year to December 2020, when income rose by 104%. Over the whole period it spent 55% 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 St Clair County sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within MI. Charities of a similar size with the same main cause include Americas Best Charities ($6.4m), Mountain Bizcapital Inc ($6.4m) and United Way of West Alabama Inc ($6.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% of the total. Compensation of current officers, directors and key employees was $352k (5.0% of expenses). Other salaries and wages came to $649k. At year end it held assets of $96.2m against liabilities of $18.8m, net assets of $77.4m. It reported 17 employees.