Prince William County Community Foundation

Analysis

Prince William County Community Foundation is a registered charity in United States, based in Woodbridge, VA. It received its IRS tax-exemption ruling in November 2018, 8 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Prince William County Community Foundation reported income of $416k and spending of $336k, spending 81% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $404k to $416k (+3.0%), an average of +3.0% a year. Over the whole period it spent 85% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Prince William County Community Foundation sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within VA. Charities of a similar size with the same main cause include Valley View Foundation ($416k), Center for Advocacy Research & Education of Connecticut Inc ($416k) and Whitestone Community Association ($416k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $44k (13% of expenses). Other salaries and wages came to $27k. At year end it held assets of $214k against liabilities of $1,054, net assets of $213k. It reported 3 employees.