Phillips County Community Foundation Inc

Analysis

Phillips County Community Foundation Inc is a registered charity in United States, based in Phillipsburg, KS. It received its IRS tax-exemption ruling in July 2003, 23 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, Phillips County Community Foundation Inc reported income of $538k and spending of $259k, leaving 52% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $286k to $538k (+88%), an average of +17% a year. The sharpest change came in the year to December 2021, when income rose by 115%. Over the whole period it spent 44% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Phillips County Community Foundation Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 72nd percentile within KS. Charities of a similar size with the same main cause include Joe and Anna Schmitz and Pat and Anna Burke Charitable Trust ($537k), United Way of West Central Minnesota ($538k) and Austin Startup Games Inc ($537k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 1.7% of the total. Other salaries and wages came to $46k. At year end it held assets of $2.5m against liabilities of $960, net assets of $2.5m. It reported 4 employees.