Butterfield Community Fund

Analysis

Butterfield Community Fund is a registered charity in United States, based in Butterfield, MN. It received its IRS tax-exemption ruling in March 2021, 5 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, Butterfield Community Fund reported income of $53k and spending of $14k, leaving 74% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $29k to $53k (+82%), an average of +82% a year. The sharpest change came in the year to December 2023, when income rose by 82%. Over the whole period it spent 30% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Butterfield Community Fund sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 17th percentile within MN. Charities of a similar size with the same main cause include Lincoln County Band Boosters ($53k), Perfect Game Foundation Inc ($53k) and Lawrence E and Nancy S Glick Foundation ($53k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 17% of the total. At year end it held assets of $221k against liabilities of $0, net assets of $221k.