Community Foundation of Johnson

Analysis

Community Foundation of Johnson is a registered charity in United States, based in Coralville, IA. It received its IRS tax-exemption ruling in October 2000, 26 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, Community Foundation of Johnson reported income of $16.6m and spending of $4.6m, leaving 72% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $9.4m to $16.6m (+76%), an average of +12% a year. The sharpest change came in the year to June 2024, when income rose by 142%. Over the whole period it spent 40% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Community Foundation of Johnson 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 IA. Charities of a similar size with the same main cause include The Berkshire Taconic Community Foundation Inc ($16.6m), United Way of South Hampton Roads ($16.7m) and Community Foundation of Northeast Iowa ($16.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 88% of the total. Compensation of current officers, directors and key employees was $266k (5.8% of expenses). Other salaries and wages came to $150k. At year end it held assets of $66.2m against liabilities of $331k, net assets of $65.8m. It reported 5 employees.