Belleair Community Foundation Inc

Analysis

Belleair Community Foundation Inc is a registered charity in United States, based in Belleair, FL. It received its IRS tax-exemption ruling in March 2013, 13 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, Belleair Community Foundation Inc reported income of $109k and spending of $69k, leaving 37% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $93k to $109k (+16%), an average of +3.8% a year. The sharpest change came in the year to December 2021, when income rose by 97%. Over the whole period it spent 76% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Belleair Community Foundation Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 43rd percentile within FL. Charities of a similar size with the same main cause include Lancaster Eagles Forest Rose Aerie 2120 Charity and Scholarship Fund ($109k), Fraternal Order of Police Earl L Brown Lodge 89 Youth Program Inc ($109k) and Cooper Center Council ($109k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $223k against liabilities of $0, net assets of $223k.