Barry County Community Foundation

Analysis

Barry County Community Foundation is a registered charity in United States, based in Hastings, MI. It received its IRS tax-exemption ruling in October 1995, 31 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 June 2023, Barry County Community Foundation reported income of $3.2m and spending of $3.3m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $4.3m to $3.2m (-26%), an average of -7.4% a year. The sharpest change came in the year to June 2020, when income rose by 109%. Over the whole period it spent 54% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Barry County Community Foundation sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within MI. Charities of a similar size with the same main cause include Kershaws Challenge ($3.2m), Wisdom Inc ($3.2m) and Chisholm Trail Communities Foundation ($3.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $224k (6.9% of expenses). Other salaries and wages came to $238k. At year end it held assets of $49.1m against liabilities of $486k, net assets of $48.6m. It reported 13 employees.