Thomas County Community Foundation Inc

Analysis

Thomas County Community Foundation Inc is a registered charity in United States, based in Colby, 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 December 2023, Thomas County Community Foundation Inc reported income of $378k and spending of $518k, spending 137% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $238k to $378k (+59%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 36%. Over the whole period it spent 103% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Thomas County Community Foundation Inc 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 66th percentile, and in the 66th percentile within KS. Charities of a similar size with the same main cause include Virginia Mennonite Relief Sale ($377k), Impact 100 Fairfield County ($378k) and Toulouse Commercial Inc ($377k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% of the total. Compensation of current officers, directors and key employees was $60k (12% of expenses). At year end it held assets of $2.1m against liabilities of $179k, net assets of $1.9m. It reported 1 employees.