North Dakota Community Foundation

Analysis

North Dakota Community Foundation is a registered charity in United States, based in Bismarck, ND. It received its IRS tax-exemption ruling in September 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 December 2023, North Dakota Community Foundation reported income of $20.1m and spending of $8.4m, leaving 58% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $20.1m to $20.1m (+0.3%), an average of +0.1% a year. The sharpest change came in the year to December 2020, when income dropped by 46%. Over the whole period it spent 50% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, North Dakota Community Foundation sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within ND. Charities of a similar size with the same main cause include Madison Community Foundation ($20.1m), Community Foundation of Northern Colorado ($20.2m) and 3m Open Fund ($20.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $230k (2.7% of expenses). Other salaries and wages came to $621k. At year end it held assets of $139.0m against liabilities of $842k, net assets of $138.1m. It reported 11 employees.