Willow Springs Community Foundation

Analysis

Willow Springs Community Foundation is a registered charity in United States, based in Willow SPGS, MO. It received its IRS tax-exemption ruling in February 1993, 33 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Willow Springs Community Foundation reported income of $197k and spending of $360k, spending 183% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $369k to $197k (-47%), an average of -14% a year. The sharpest change came in the year to December 2021, when income rose by 133%. Over the whole period it spent 136% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Willow Springs Community Foundation sits at the 51st percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 50th percentile within MO. Charities of a similar size with the same main cause include Galveston Chamber Partnership Inc ($197k), Greensboro Community Television Inc ($197k) and Dignitas Project ($197k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.4% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $55k (15% of expenses). At year end it held assets of $2.5m against liabilities of $3.5m, net assets of -$1.0m. It reported 2 employees.