Community Foundation of the Chattahoochee Valley Inc

Analysis

Community Foundation of the Chattahoochee Valley Inc is a registered charity in United States, based in Columbus, GA. It received its IRS tax-exemption ruling in August 1998, 28 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 September 2023, Community Foundation of the Chattahoochee Valley Inc reported income of $29.9m and spending of $19.7m, leaving 34% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $21.5m to $29.9m (+39%), an average of +8.6% a year. The sharpest change came in the year to September 2021, when income rose by 67%. Over the whole period it spent 45% 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 of the Chattahoochee Valley Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within GA. Charities of a similar size with the same main cause include Community Foundation of Greenville Inc ($29.8m), United Way of Lee County Inc ($30.0m) and The Rosser Foundation a Pure Charitable Trust and Public Charit ($29.8m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 78% and program service revenue 1.2% of the total. Compensation of current officers, directors and key employees was $245k (1.2% of expenses). Other salaries and wages came to $481k. At year end it held assets of $298.5m against liabilities of $4.7m, net assets of $293.8m. It reported 5 employees.