Angelina County Community Fund Inc

Analysis

Angelina County Community Fund Inc is a registered charity in United States, based in Lufkin, TX. It received its IRS tax-exemption ruling in January 1973, 53 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 September 2023, Angelina County Community Fund Inc reported income of $330k and spending of $339k, spending 103% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $307k to $330k (+7.2%), an average of +1.8% a year. The sharpest change came in the year to September 2020, when income rose by 24%. Over the whole period it spent 104% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Angelina County Community Fund Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 68th percentile within TX. Charities of a similar size with the same main cause include Community Memorial Hospital Foundation ($330k), Jewish Federation of Cumberland County ($330k) and Bet Shemesh Educational Center Inc ($330k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $54k (16% of expenses). Other salaries and wages came to $3,500. At year end it held assets of $587k against liabilities of $0, net assets of $587k. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.