Community Foundation of Ellis
Analysis
Community Foundation of Ellis is a registered charity in United States, based in Ellis, KS. It received its IRS tax-exemption ruling in February 2007, 19 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 (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, Community Foundation of Ellis reported income of $389k and spending of $242k, leaving 38% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $185k to $389k (+111%), an average of +45% a year. The sharpest change came in the year to December 2023, when income rose by 95%. Over the whole period it spent 50% of the income it received.
Among 19,475 United States charities whose main cause is community and economic development and that reported income, Community Foundation of Ellis sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 67th percentile within KS. Charities of a similar size with the same main cause include Franklin-Southampton Economic Development Inc ($389k), Carroll Technology Council Inc ($389k) and South Bank Partners Inc ($389k).
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 $857k against liabilities of $0, net assets of $857k.
Income and spending
Where the income comes from
- Contributions & grants 100%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Franklin-Southampton Economic Development Inc | Franklin | $389k |
| Carroll Technology Council Inc | Westminster | $389k |
| South Bank Partners Inc | Newport | $389k |
| Biotechnology Incubator at Nymc Inc | Valhalla | $389k |