Deshler Community Foundation Inc

Analysis

Deshler Community Foundation Inc is a registered charity in United States, based in Deshler, OH. It received its IRS tax-exemption ruling in February 2020, 6 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, Deshler Community Foundation Inc reported income of $287k and spending of $62k, leaving 78% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $93k to $287k (+207%), an average of +207% a year. The sharpest change came in the year to December 2023, when income rose by 207%. Over the whole period it spent 45% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Deshler Community Foundation Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within OH. Charities of a similar size with the same main cause include West Contra Costa Business Development Center ($287k), Ken-Rock Community Center Inc ($287k) and Northeast Neighborhood Partners Inc ($287k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 107% of the total. At year end it held assets of $394k against liabilities of $0, net assets of $394k.