Foothills Community Foundation

Analysis

Foothills Community Foundation is a registered charity in United States, based in Anderson, SC. It received its IRS tax-exemption ruling in September 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 June 2023, Foothills Community Foundation reported income of $11.6m and spending of $3.8m, leaving 67% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.8m to $11.6m (+320%), an average of +61% a year. The sharpest change came in the year to June 2023, when income rose by 649%. Over the whole period it spent 52% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Foothills Community Foundation sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within SC. Charities of a similar size with the same main cause include International Planned Parenthood Federation - Worldwide Inc ($11.6m), Berks County Community Foundation Inc ($11.6m) and Asbury Foundation Inc ($11.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 44% and program service revenue 0.8% of the total. Compensation of current officers, directors and key employees was $124k (3.3% of expenses). Other salaries and wages came to $86k. At year end it held assets of $39.4m against liabilities of $1.9m, net assets of $37.6m. It reported 2 employees.