Truman Lake Community Foundation

Analysis

Truman Lake Community Foundation is a registered charity in United States, based in Clinton, MO. It received its IRS tax-exemption ruling in September 1996, 30 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 December 2023, Truman Lake Community Foundation reported income of $985k and spending of $675k, leaving 31% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.9m to $985k (-48%), an average of -15% a year. The sharpest change came in the year to December 2021, when income rose by 268%. Over the whole period it spent 45% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Truman Lake Community Foundation sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 77th percentile within MO. Charities of a similar size with the same main cause include Grant County Community Foundation Inc ($984k), Social Capital Fund ($985k) and United Way of Imperial County ($984k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% of the total. At year end it held assets of $12.3m against liabilities of $0, net assets of $12.3m.