Marshfield Area Community Foundation Inc

Analysis

Marshfield Area Community Foundation Inc is a registered charity in United States, based in Marshfield, WI. It received its IRS tax-exemption ruling in October 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 December 2023, Marshfield Area Community Foundation Inc reported income of $2.7m and spending of $2.0m, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.1m to $2.7m (+31%), an average of +7.1% a year. The sharpest change came in the year to December 2020, when income rose by 83%. Over the whole period it spent 113% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Marshfield Area Community Foundation Inc 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 89th percentile within WI. Charities of a similar size with the same main cause include Jordan Spieth Family Foundation ($2.7m), National Christian Charitable Foundation Inc ($2.7m) and Hadassah Foundation Inc ($2.7m).

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 $74k (3.7% of expenses). Other salaries and wages came to $48k. At year end it held assets of $15.8m against liabilities of $412k, net assets of $15.4m. It reported 3 employees.