Ashland Foundation

Analysis

Ashland Foundation is a registered charity in United States, based in Ashland, WI. It received its IRS tax-exemption ruling in January 1954, 72 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, Ashland Foundation reported income of $70k and spending of $45k, leaving 36% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $22k to $70k (+222%), an average of +34% a year. The sharpest change came in the year to December 2022, when income rose by 273%. Over the whole period it spent 52% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Ashland Foundation sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 25th percentile within WI. Charities of a similar size with the same main cause include St Marys School Foundation ($70k), Community Cultural Project of Tonasket ($70k) and Solano County Library Foundation ($70k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% of the total. At year end it held assets of $998k against liabilities of $0, net assets of $998k.