McPherson County Community Foundation

Analysis

McPherson County Community Foundation is a registered charity in United States, based in McPherson, KS. It received its IRS tax-exemption ruling in May 2001, 25 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 2023, McPherson County Community Foundation reported income of $5.7m and spending of $4.2m, leaving 26% of income unspent that year. Across the 6 years on record, from June 2019 to June 2023, income grew from $2.6m to $5.7m (+119%), an average of +17% a year. The sharpest change came in the year to June 2020, when income rose by 105%. Over the whole period it spent 70% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, McPherson County Community Foundation sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within KS. Charities of a similar size with the same main cause include Pikes Peak United Way ($5.7m), Buckingham Foundation Inc ($5.7m) and Spookstock Foundation ($5.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 74% and program service revenue 0.7% of the total. Compensation of current officers, directors and key employees was $201k (4.8% of expenses). Other salaries and wages came to $308k. At year end it held assets of $44.2m against liabilities of $7.2m, net assets of $37.1m. It reported 18 employees.