Town of Sumner Community Foundation Inc

Analysis

Town of Sumner Community Foundation Inc is a registered charity in United States, based in Cameron, WI. It received its IRS tax-exemption ruling in April 2015, 11 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 2022, Town of Sumner Community Foundation Inc reported income of $271k and spending of $67k, leaving 75% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income fell from $404k to $271k (-33%), an average of -12% a year. The sharpest change came in the year to December 2021, when income rose by 98%. Over the whole period it spent 20% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Town of Sumner Community Foundation Inc 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 60th percentile, and in the 59th percentile within WI. Charities of a similar size with the same main cause include 100 Hispanic Women Inc ($271k), The Gathering of Healthcare Simulation Technology Specialists ($271k) and Woodbridge Neighborhood Development Corporation ($271k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 84% of the total. At year end it held assets of $1.7m against liabilities of $0, net assets of $1.7m.