Lacrosse Community Foundation

Analysis

Lacrosse Community Foundation is a registered charity in United States, based in LA Crosse, WI. It received its IRS tax-exemption ruling in January 1952, 74 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, Lacrosse Community Foundation reported income of $19.2m and spending of $5.2m, leaving 73% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $6.5m to $19.2m (+196%), an average of +31% a year. The sharpest change came in the year to December 2023, when income rose by 278%. Over the whole period it spent 53% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Lacrosse Community Foundation sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within WI. Charities of a similar size with the same main cause include Cromwell Harbor Supporting Foundation Inc ($19.1m), United Way of Central Oklahoma ($19.2m) and Moose Charities Inc ($19.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% of the total. Compensation of current officers, directors and key employees was $253k (4.8% of expenses). Other salaries and wages came to $206k. At year end it held assets of $75.9m against liabilities of $5.4m, net assets of $70.5m. It reported 8 employees.