United Community Foundation

Analysis

United Community Foundation is a registered charity in United States, based in Salem, OR. It received its IRS tax-exemption ruling in June 2021, 5 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 supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, United Community Foundation reported income of $325k and spending of $141k, leaving 57% of income unspent that year. Over the whole period it spent 43% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, United Community Foundation sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within OR. Charities of a similar size with the same main cause include Community Development Network of Maryland Inc ($325k), Community Capital of Vermont Inc ($326k) and Rotary District 6000 Humanitarian and Educational Foundation Inc ($325k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $228k against liabilities of $44k, net assets of $184k.