CBC Community Foundation

Analysis

CBC Community Foundation is a registered charity in United States, based in Blair, NE. It received its IRS tax-exemption ruling in August 2021, 5 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 (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, CBC Community Foundation reported income of $134k and spending of $60k, leaving 56% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $46k to $134k (+193%), an average of +43% a year. The sharpest change came in the year to December 2023, when income rose by 77%. Over the whole period it spent 74% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, CBC Community Foundation sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 42nd percentile within NE. Charities of a similar size with the same main cause include Lawson State Community College Foundation Inc ($134k), Legatus ($134k) and U S a International Harp Competition Inc ($134k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 89% of the total. At year end it held assets of $163k against liabilities of $0, net assets of $163k.