Door County Community Foundation Inc

Analysis

Door County Community Foundation Inc is a registered charity in United States, based in Sturgeon Bay, WI. It received its IRS tax-exemption ruling in November 2001, 25 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, Door County Community Foundation Inc reported income of $10.2m and spending of $5.4m, leaving 47% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.8m to $10.2m (+76%), an average of +15% a year. The sharpest change came in the year to June 2022, when income rose by 113%. Over the whole period it spent 51% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Door County Community Foundation Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within WI. Charities of a similar size with the same main cause include Cambridge Community Foundation ($10.2m), Jewish Community Foundation of Southern Arizona ($10.2m) and Early Learning Ventures ($10.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 91% of the total. Compensation of current officers, directors and key employees was $151k (2.8% of expenses). Other salaries and wages came to $279k. At year end it held assets of $50.3m against liabilities of $11.3m, net assets of $39.0m. It reported 7 employees.