The Philanthrophy Community Foundation

Analysis

The Philanthrophy Community Foundation is a registered charity in United States, based in Salt Lake Cty, UT. It received its IRS tax-exemption ruling in September 2002, 24 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 Philanthrophy Community Foundation reported income of $167k and spending of $152k, spending 91% of its income. Across the 4 years on record, from December 2019 to December 2023, income fell from $321k to $167k (-48%), an average of -20% a year. The sharpest change came in the year to December 2021, when income dropped by 32%. Over the whole period it spent 92% 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 Philanthrophy Community Foundation sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 47th percentile within UT. Charities of a similar size with the same main cause include New Beginnings Orphanages ($167k), Rassawek Ventures Inc ($167k) and Sertoma Inc ($167k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 43% of the total. At year end it held assets of $236k against liabilities of $0, net assets of $236k.