Sheyenne Valley Community Foundation

Analysis

Sheyenne Valley Community Foundation is a registered charity in United States, based in Valley City, ND. It received its IRS tax-exemption ruling in October 2014, 12 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 June 2024, Sheyenne Valley Community Foundation reported income of $217k and spending of $197k, spending 90% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $181k to $217k (+20%), an average of +4.6% a year. The sharpest change came in the year to June 2024, when income rose by 92%. Over the whole period it spent 83% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Sheyenne Valley Community Foundation sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 49th percentile within ND. Charities of a similar size with the same main cause include Long Island Community Chest Inc ($217k), Howell Mountain Wine Auction ($218k) and Give Hope Foundation Inc ($217k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 90% of the total. Compensation of current officers, directors and key employees was $48k (24% of expenses). At year end it held assets of $1.0m against liabilities of $375k, net assets of $649k. It reported 1 employees.