West Point Community Foundation Inc

Analysis

West Point Community Foundation Inc is a registered charity in United States, based in West Point, MS. It received its IRS tax-exemption ruling in January 1996, 30 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, West Point Community Foundation Inc reported income of $59k and spending of $69k, spending 118% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $212k to $59k (-72%), an average of -28% a year. The sharpest change came in the year to December 2022, when income dropped by 66%. Over the whole period it spent 36% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, West Point Community Foundation Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 23rd percentile within MS. Charities of a similar size with the same main cause include Prentice and Paul Sack Photographic Trust ($58k), Hazel Evans Trust ($59k) and St Francis Academy Alumnae Association ($58k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 44% of the total. At year end it held assets of $2.2m against liabilities of $0, net assets of $2.2m.