Fort Atkinson Community Foundation

Analysis

Fort Atkinson Community Foundation is a registered charity in United States, based in Fort Atkinson, WI. It received its IRS tax-exemption ruling in February 1974, 52 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 2024, Fort Atkinson Community Foundation reported income of $2.1m and spending of $1.1m, leaving 46% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $727k to $2.1m (+189%), an average of +24% a year. The sharpest change came in the year to June 2021, when income rose by 983%. Over the whole period it spent 77% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Fort Atkinson Community Foundation 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 Together Women Rise ($2.1m), Charro Foundation ($2.1m) and San Juan Island Community Foundation ($2.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 60% of the total. Compensation of current officers, directors and key employees was $79k (6.9% of expenses). At year end it held assets of $39.7m against liabilities of $1.1m, net assets of $38.6m. It reported 2 employees.