Greater Salina Community Foundation

Analysis

Greater Salina Community Foundation is a registered charity in United States, based in Salina, KS. It received its IRS tax-exemption ruling in July 1999, 27 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, Greater Salina Community Foundation reported income of $24.9m and spending of $23.2m, spending 93% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $25.1m to $24.9m (-0.7%), an average of -0.1% a year. The sharpest change came in the year to June 2022, when income rose by 28%. Over the whole period it spent 116% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Greater Salina Community Foundation sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within KS. Charities of a similar size with the same main cause include Daughters of Miriam Foundation Inc ($24.9m), San Angelo Area Foundation ($25.0m) and Midway USA Foundation Inc ($24.9m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 84% and program service revenue 0.5% of the total. Compensation of current officers, directors and key employees was $265k (1.1% of expenses). Other salaries and wages came to $622k. At year end it held assets of $284.7m against liabilities of $15.0m, net assets of $269.7m. It reported 22 employees.