Greater Delaware County Community Foundation

Analysis

Greater Delaware County Community Foundation is a registered charity in United States, based in Manchester, IA. It received its IRS tax-exemption ruling in December 1976, 50 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 October 2023, Greater Delaware County Community Foundation reported income of $219k and spending of $230k, spending 105% of its income. Across the 5 years on record, from October 2019 to October 2023, income fell from $224k to $219k (-1.9%), an average of -0.5% a year. The sharpest change came in the year to October 2020, when income rose by 172%. Over the whole period it spent 69% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Greater Delaware County Community Foundation sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 57th percentile within IA. Charities of a similar size with the same main cause include Kyle Swanson Legacy Fund ($219k), American Friends of Alumot-Or Sasa Setton and Cfji Inc ($219k) and Bella Vista Foundation ($219k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 70% and program service revenue 3.5% of the total. At year end it held assets of $3.3m against liabilities of $0, net assets of $3.3m.