Walker Area Community Foundation

Analysis

Walker Area Community Foundation is a registered charity in United States, based in Jasper, AL. It received its IRS tax-exemption ruling in August 1997, 29 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, Walker Area Community Foundation reported income of $9.2m and spending of $7.1m, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $9.2m (+429%), an average of +52% a year. The sharpest change came in the year to December 2022, when income rose by 443%. Over the whole period it spent 41% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Walker Area Community Foundation sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 97th percentile within AL. Charities of a similar size with the same main cause include Roman Catholic Foundation of Eastern Missouri ($9.2m), Birmingham Group Realty Inc ($9.2m) and Stanislaus Community Foundation ($9.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% of the total. Other salaries and wages came to $775k. At year end it held assets of $127.9m against liabilities of $167k, net assets of $127.7m.