Foothills Community Foundation Inc

Analysis

Foothills Community Foundation Inc is a registered charity in United States, based in Scottsdale, AZ. It received its IRS tax-exemption ruling in June 1986, 40 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 June 2024, Foothills Community Foundation Inc reported income of $862k and spending of $877k, spending 102% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $884k to $862k (-2.5%), an average of -0.5% a year. The sharpest change came in the year to June 2020, when income dropped by 26%. Over the whole period it spent 110% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Foothills Community Foundation Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 74th percentile within AZ. Charities of a similar size with the same main cause include Tariq Khamisa Foundation ($861k), Cranaleith Spiritual Center ($863k) and Biblical Counseling Center ($861k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 47% and program service revenue 41% of the total. Other salaries and wages came to $331k. At year end it held assets of $2.2m against liabilities of $284k, net assets of $2.0m. It reported 9 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.