Blanchet Community Foundation

Analysis

Blanchet Community Foundation is a registered charity in United States, based in Salem, OR. It received its IRS tax-exemption ruling in April 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Blanchet Community Foundation reported income of $602k and spending of $570k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $509k to $602k (+18%), an average of +4.3% a year. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Blanchet Community Foundation sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within OR. Charities of a similar size with the same main cause include Blessings Learning Academy of Alamo Texas Inc ($602k), Soky Marketplace Inc ($602k) and H E L P Services of Carroll County ($602k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.0% and program service revenue 89% of the total. Other salaries and wages came to $130k. At year end it held assets of $914k against liabilities of $1.0m, net assets of -$112k.