Community Foundation Trust of Sarasota County

Analysis

Community Foundation Trust of Sarasota County is a registered charity in United States, based in Sarasota, FL. It received its IRS tax-exemption ruling in April 1990, 36 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Community Foundation Trust of Sarasota County reported income of $471k and spending of $997k, spending 212% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $178k to $471k (+165%), an average of +38% a year. The sharpest change came in the year to June 2021, when income rose by 744%. Over the whole period it spent 144% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Community Foundation Trust of Sarasota County sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 72nd percentile within FL. Charities of a similar size with the same main cause include The Methodist Foundation of Ohio Incorporated ($471k), Acme Smoked Fish Foundation Inc ($471k) and People Helping People Network Inc ($471k).

At year end it held assets of $14.0m against liabilities of $53k, net assets of $13.9m.