Community Foundation for Loudoun and Northern Fauquier Counties

Analysis

Community Foundation for Loudoun and Northern Fauquier Counties is a registered charity in United States, based in Leesburg, VA. It received its IRS tax-exemption ruling in December 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 December 2023, Community Foundation for Loudoun and Northern Fauquier Counties reported income of $3.3m and spending of $2.7m, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.8m to $3.3m (-14%), an average of -3.6% a year. Over the whole period it spent 77% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Community Foundation for Loudoun and Northern Fauquier Counties sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within VA. Charities of a similar size with the same main cause include Discovery Land Company Foundation ($3.3m), National Christian Charitable Foundation Inc ($3.3m) and Al Sigl Foundation Inc ($3.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 0.2% of the total. Other salaries and wages came to $289k. At year end it held assets of $11.8m against liabilities of $1.1m, net assets of $10.7m. It reported 5 employees.