The Community Foundation of Greater Decatur

Analysis

The Community Foundation of Greater Decatur is a registered charity in United States, based in Decatur, AL. It received its IRS tax-exemption ruling in March 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, The Community Foundation of Greater Decatur reported income of $1.4m and spending of $750k, leaving 47% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $774k to $1.4m (+82%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 54%. Over the whole period it spent 63% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Community Foundation of Greater Decatur sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 86th percentile within AL. Charities of a similar size with the same main cause include Camp Okoboji Lutheran Association ($1.4m), Le Petit Theatre du Vieux Carre ($1.4m) and Chesterfield Academy Christian School Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 4.6% of the total. At year end it held assets of $3.0m against liabilities of $3,203, net assets of $3.0m.