Shenandoah Community Foundation Inc

Analysis

Shenandoah Community Foundation Inc is a registered charity in United States, based in Strasburg, VA. It received its IRS tax-exemption ruling in February 2000, 26 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Shenandoah Community Foundation Inc reported income of $1.8m and spending of $523k, leaving 71% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $894k to $1.8m (+101%), an average of +19% a year. The sharpest change came in the year to December 2022, when income rose by 56%. Over the whole period it spent 36% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Shenandoah Community Foundation Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within VA. Charities of a similar size with the same main cause include US Mexico Foundation ($1.8m), Friends Of@duvdevan ($1.8m) and 11 Day Power Play Inc ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% of the total. Other salaries and wages came to $61k. At year end it held assets of $8.8m against liabilities of $0, net assets of $8.8m. It reported 2 employees.