Rice County Community Foundation

Analysis

Rice County Community Foundation is a registered charity in United States, based in Lyons, KS. It received its IRS tax-exemption ruling in March 1996, 30 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, Rice County Community Foundation reported income of $1.0m and spending of $1.2m, spending 120% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $14.1m to $1.0m (-93%), an average of -48% a year. The sharpest change came in the year to December 2020, when income dropped by 94%. Over the whole period it spent 64% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Rice County Community Foundation sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within KS. Charities of a similar size with the same main cause include The Communitys Foundation ($1.0m), Good Samaritan Network of Hamiltoncounty Inc ($1.0m) and Mental Health Coalition Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $114k (9.1% of expenses). Other salaries and wages came to $103k. At year end it held assets of $13.7m against liabilities of $53k, net assets of $13.6m. It reported 5 employees.