Warren Community Foundation Inc

Analysis

Warren Community Foundation Inc is a registered charity in United States, based in Mount Clemens, MI. It received its IRS tax-exemption ruling in July 2018, 8 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Warren Community Foundation Inc reported income of $60k and spending of $69k, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $252k to $60k (-76%), an average of -30% a year. The sharpest change came in the year to December 2021, when income rose by 550%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Warren Community Foundation Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 23rd percentile within MI. Charities of a similar size with the same main cause include Vision of Light Mission ($60k), American Suzuki Foundation of Stevens Point Wi Inc ($60k) and McGehee Community Food Pantry Inc ($60k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $233 against liabilities of $3,000, net assets of -$2,767.

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.