The Community Foundation

Analysis

The Community Foundation is a registered charity in United States, based in Boulder, CO. It received its IRS tax-exemption ruling in December 1991, 35 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, The Community Foundation reported income of $10.9m and spending of $27.3m, spending 252% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $11.4m to $10.9m (-4.4%), an average of -1.1% a year. The sharpest change came in the year to December 2022, when income rose by 100%. Over the whole period it spent 76% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, The Community Foundation sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within CO. Charities of a similar size with the same main cause include United Way of Greater Chattanooga ($10.8m), United Way of the Chattahoochee Valley Inc ($10.9m) and Inter-Tribal Council of Nevada ($10.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 1.0% of the total. Compensation of current officers, directors and key employees was $412k (1.5% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $97.8m against liabilities of $12.1m, net assets of $85.7m. It reported 19 employees.