Hillsdale County Community Foundation

Analysis

Hillsdale County Community Foundation is a registered charity in United States, based in Hillsdale, MI. It received its IRS tax-exemption ruling in August 1991, 35 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 September 2023, Hillsdale County Community Foundation reported income of $2.0m and spending of $1.6m, leaving 21% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income fell from $2.1m to $2.0m (-3.6%), an average of -0.9% a year. The sharpest change came in the year to September 2021, when income rose by 28%. Over the whole period it spent 69% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Hillsdale County Community Foundation sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within MI. Charities of a similar size with the same main cause include Shree Dharmajivan Mission Private Foundation Charitable Trust ($2.0m), Community Foundation for McHenry County ($2.0m) and Skyline Charitable Foundation Inc ($2.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 69% of the total. Compensation of current officers, directors and key employees was $132k (8.2% of expenses). Other salaries and wages came to $146k. At year end it held assets of $23.6m against liabilities of $173k, net assets of $23.4m. It reported 5 employees.