Leipsic Community Foundation Inc

Analysis

Leipsic Community Foundation Inc is a registered charity in United States, based in Leipsic, OH. It received its IRS tax-exemption ruling in October 2005, 21 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Leipsic Community Foundation Inc reported income of $167k and spending of $84k, leaving 49% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $90k to $167k (+86%), an average of +86% a year. The sharpest change came in the year to December 2023, when income rose by 86%. Over the whole period it spent 55% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Leipsic Community Foundation Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 50th percentile within OH. Charities of a similar size with the same main cause include Sista 2 Sista ($167k), American Therapeutic Riding Centerinc ($167k) and Grand Prairie Homeless Outreach Organization - Gphoo ($167k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $208k against liabilities of $0, net assets of $208k.