Bond County Community Foundation

Analysis

Bond County Community Foundation is a registered charity in United States, based in Vandalia, IL. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Bond County Community Foundation reported income of $232k and spending of $311k, spending 134% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $168k to $232k (+38%), an average of +8.5% a year. The sharpest change came in the year to December 2021, when income rose by 208%. Over the whole period it spent 124% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bond County Community Foundation sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 57th percentile within IL. Charities of a similar size with the same main cause include CHS Kick-Off Club Inc ($232k), Griffin Nursery School ($232k) and Conductability Inc ($232k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% of the total. Compensation of current officers, directors and key employees was $750 (0.2% of expenses). At year end it held assets of $401k against liabilities of $0, net assets of $401k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.