Ashland Community Foundation

Analysis

Ashland Community Foundation is a registered charity in United States, based in Ashland, KS. It received its IRS tax-exemption ruling in October 1997, 29 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, Ashland Community Foundation reported income of $367k and spending of $360k, spending 98% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $266k to $367k (+38%), an average of +6.7% a year. The sharpest change came in the year to June 2024, when income rose by 83%. Over the whole period it spent 93% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Ashland Community Foundation sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 66th percentile within KS. Charities of a similar size with the same main cause include We Love Buford Highway Inc ($367k), Friends of Yachats Library ($367k) and Youth Business Alliance Inc ($367k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 93% of the total. At year end it held assets of $778k against liabilities of $0, net assets of $778k.