Toole County Community Foundation Inc

Analysis

Toole County Community Foundation Inc is a registered charity in United States, based in Shelby, MT. It received its IRS tax-exemption ruling in November 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, Toole County Community Foundation Inc reported income of $300k and spending of $136k, leaving 55% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $325k to $300k (-7.7%), an average of -2.0% a year. The sharpest change came in the year to December 2023, when income rose by 70%. Over the whole period it spent 51% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Toole County Community Foundation Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within MT. Charities of a similar size with the same main cause include Mary Kate Shannon Benevolent TR ($300k), Fleet Landing Endowment Fund Inc ($300k) and Association of the Apostles of Don Bosco Inc ($300k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 25% of the total. At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m.