Longville Area Community Foundation

Analysis

Longville Area Community Foundation is a registered charity in United States, based in Longville, MN. It received its IRS tax-exemption ruling in September 1992, 34 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Longville Area Community Foundation reported income of $193k and spending of $185k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $103k to $193k (+87%), an average of +87% a year. The sharpest change came in the year to December 2023, when income rose by 87%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Longville Area Community Foundation sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 51st percentile within MN. Charities of a similar size with the same main cause include Rochelly Foundation ($193k), Little Thinkers School of Early Learning ($193k) and Connecticut Community Empowerment Foundation Inc ($192k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% of the total. At year end it held assets of $160k against liabilities of $0, net assets of $160k.