The Community Foundation for the Csra

Analysis

The Community Foundation for the Csra is a registered charity in United States, based in Augusta, GA. It received its IRS tax-exemption ruling in October 1995, 31 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, The Community Foundation for the Csra reported income of $19.4m and spending of $14.4m, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $9.9m to $19.4m (+96%), an average of +18% a year. The sharpest change came in the year to December 2021, when income rose by 119%. Over the whole period it spent 49% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, The Community Foundation for the Csra sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within GA. Charities of a similar size with the same main cause include Community Foundation of Northeast Alabama ($19.4m), Lsu Health Sciences Foundation in Shreveport ($19.4m) and Gordon Christian Trust ($19.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 1.6% of the total. Compensation of current officers, directors and key employees was $252k (1.8% of expenses). Other salaries and wages came to $519k. At year end it held assets of $160.2m against liabilities of $41.7m, net assets of $118.5m. It reported 9 employees.