Tuscola County Community Foundation

Analysis

Tuscola County Community Foundation is a registered charity in United States, based in Caro, MI. It received its IRS tax-exemption ruling in June 1997, 29 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, Tuscola County Community Foundation reported income of $7.9m and spending of $1.2m, leaving 85% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $7.9m (+370%), an average of +47% a year. The sharpest change came in the year to December 2023, when income rose by 1090%. Over the whole period it spent 35% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Tuscola County Community Foundation sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within MI. Charities of a similar size with the same main cause include Dubois County Community Foundation Inc ($7.9m), Jewish Family Service of Metrowest NJ a New Jersey Nonprofit Corp ($7.9m) and United Way of Greater Toledo ($7.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% of the total. Other salaries and wages came to $84k. At year end it held assets of $23.3m against liabilities of $132k, net assets of $23.1m. It reported 3 employees.