Incourage Community Foundation Inc

Analysis

Incourage Community Foundation Inc is a registered charity in United States, based in Wisc Rapids, WI. It received its IRS tax-exemption ruling in February 1994, 32 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, Incourage Community Foundation Inc reported income of $2.1m and spending of $1.5m, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.2m to $2.1m (-7.8%), an average of -2.0% a year. The sharpest change came in the year to December 2021, when income rose by 417%. Over the whole period it spent 70% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Incourage Community Foundation Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within WI. Charities of a similar size with the same main cause include The Mulford Corporation ($2.1m), Sunshine Foundation ($2.1m) and National Christian Charitable Foundation Inc ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 32% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $137k (8.9% of expenses). Other salaries and wages came to $62k. At year end it held assets of $32.2m against liabilities of $1.6m, net assets of $30.5m. It reported 7 employees.