Community Foundation of Washington County Inc

Analysis

Community Foundation of Washington County Inc is a registered charity in United States, based in Greenville, MS. It received its IRS tax-exemption ruling in April 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, Community Foundation of Washington County Inc reported income of $2.7m and spending of $1.1m, leaving 59% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $2.7m (+100%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 218%. Over the whole period it spent 58% 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 Washington County Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 90th percentile within MS. Charities of a similar size with the same main cause include Fund for Santa Barbara Inc ($2.7m), Golden Belt Community Foundation ($2.7m) and Mt Pleasant Area Community Foundation Inc ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% of the total. Compensation of current officers, directors and key employees was $60k (5.6% of expenses). Other salaries and wages came to $47k. At year end it held assets of $4.6m against liabilities of $165k, net assets of $4.5m. It reported 2 employees.