Branch County Community Foundation Inc

Analysis

Branch County Community Foundation Inc is a registered charity in United States, based in Coldwater, MI. It received its IRS tax-exemption ruling in May 1992, 34 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, Branch County Community Foundation Inc reported income of $1.0m and spending of $697k, leaving 31% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $755k to $1.0m (+34%), an average of +7.5% a year. The sharpest change came in the year to September 2022, when income rose by 62%. Over the whole period it spent 74% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Branch County Community Foundation Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within MI. Charities of a similar size with the same main cause include Olathe Health Charitable Foundation ($1.0m), Howe Family Foundation ($1.0m) and The Bronx Foundation Inc ($1.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 53% of the total. Compensation of current officers, directors and key employees was $60k (8.6% of expenses). Other salaries and wages came to $57k. At year end it held assets of $8.6m against liabilities of $147k, net assets of $8.5m. It reported 4 employees.