Black River Falls Area Foundation

Analysis

Black River Falls Area Foundation is a registered charity in United States, based in BLK River FLS, WI. It received its IRS tax-exemption ruling in October 1987, 39 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, Black River Falls Area Foundation reported income of $1.1m and spending of $492k, leaving 56% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $655k to $1.1m (+71%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 95%. Over the whole period it spent 94% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Black River Falls Area Foundation sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within WI. Charities of a similar size with the same main cause include Telacu Housing Hawthorne Inc ($1.1m), Missouri Coalition of Recovery Support Providers ($1.1m) and Mary Tyler Moore Vision Initiative Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% of the total. Compensation of current officers, directors and key employees was $22k (4.4% of expenses). Other salaries and wages came to $11k. At year end it held assets of $5.6m against liabilities of $193k, net assets of $5.4m.