Whitefish Community Foundation Inc

Analysis

Whitefish Community Foundation Inc is a registered charity in United States, based in Whitefish, MT. It received its IRS tax-exemption ruling in September 2000, 26 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, Whitefish Community Foundation Inc reported income of $19.8m and spending of $14.4m, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $7.8m to $19.8m (+155%), an average of +26% a year. The sharpest change came in the year to December 2021, when income rose by 81%. Over the whole period it spent 71% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Whitefish Community Foundation Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within MT. Charities of a similar size with the same main cause include Highland Kansas City Foundation Inc ($19.8m), Lutheran Social Services of Southern California ($19.8m) and East Tennessee Foundation ($19.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $288k (2.0% of expenses). Other salaries and wages came to $176k. At year end it held assets of $61.4m against liabilities of $4.9m, net assets of $56.5m. It reported 6 employees.