Sperryville Community Foundation

Analysis

Sperryville Community Foundation is a registered charity in United States, based in Sperryville, VA. It received its IRS tax-exemption ruling in March 2023, 3 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 (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, Sperryville Community Foundation reported income of $57k and spending of $61k, spending 106% of what it took in. Across the 6 years on record, from April 2020 to December 2023, income grew from $53k to $57k (+7.8%), an average of +1.5% a year. The sharpest change came in the year to April 2022, when income rose by 1366%. Over the whole period it spent 71% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Sperryville Community Foundation 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 22nd percentile, and in the 22nd percentile within VA. Charities of a similar size with the same main cause include Fort Madison Economic Development Corporation ($57k), Startup Atlanta ($57k) and Outsidein Clothing ($57k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $57k against liabilities of $0, net assets of $57k.