Ivy Community Foundation Inc

Analysis

Ivy Community Foundation Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in December 1984, 42 years ago. 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, Ivy Community Foundation Inc reported income of $472k and spending of $331k, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $245k to $472k (+93%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 117%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ivy Community Foundation Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 73rd percentile within GA. Charities of a similar size with the same main cause include Malone Minor Hockey Assoc Inc ($472k), Boca Raton Philarmonic Symphonia ($472k) and Wildlife Rescue Center of Napa County ($472k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 56% of the total. At year end it held assets of $610k against liabilities of $281k, net assets of $330k.