Lenawee Community Foundation

Analysis

Lenawee Community Foundation is a registered charity in United States, based in Adrian, MI. It received its IRS tax-exemption ruling in February 1961, 65 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, Lenawee Community Foundation reported income of $4.2m and spending of $2.4m, leaving 44% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.6m to $4.2m (-9.0%), an average of -2.3% a year. The sharpest change came in the year to December 2021, when income rose by 59%. 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, Lenawee Community Foundation sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within MI. Charities of a similar size with the same main cause include Blueprint Washington Inc ($4.2m), Foundation for Students Rising Above ($4.2m) and Lapeer County Community Foundation ($4.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% of the total. Compensation of current officers, directors and key employees was $162k (6.9% of expenses). Other salaries and wages came to $189k. At year end it held assets of $35.8m against liabilities of $1.1m, net assets of $34.7m. It reported 5 employees.