Eagle Valley Community Foundation

Analysis

Eagle Valley Community Foundation is a registered charity in United States, based in Vail, CO. It received its IRS tax-exemption ruling in June 2015, 11 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, Eagle Valley Community Foundation reported income of $2.6m and spending of $2.8m, spending 110% of what it took in. Across the 6 years on record, from December 2019 to June 2024, income grew from $911k to $2.6m (+185%), an average of +23% a year. The sharpest change came in the year to December 2020, when income rose by 204%. Over the whole period it spent 92% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Eagle Valley Community Foundation 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 88th percentile within CO. Charities of a similar size with the same main cause include Noble County Community Foundation Inc ($2.6m), Tampa Bay Buccaneers Foundation Inc ($2.6m) and American Macular Degeneration Foundation Inc ($2.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 89% and program service revenue 9.7% of the total. Other salaries and wages came to $1.1m. It paid $42k in professional fundraising fees. At year end it held assets of $1.6m against liabilities of $321k, net assets of $1.3m. It reported 27 employees.

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.