Trout Lake Community Foundation

Analysis

Trout Lake Community Foundation is a registered charity in United States, based in Trout Lake, WA. It received its IRS tax-exemption ruling in February 2000, 26 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, Trout Lake Community Foundation reported income of $106k and spending of $72k, leaving 32% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $45k to $106k (+137%), an average of +33% a year. The sharpest change came in the year to December 2022, when income rose by 225%. Over the whole period it spent 132% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Trout Lake Community Foundation sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 34th percentile within WA. Charities of a similar size with the same main cause include Yuba River Charter School Educational Foundation Inc ($106k), Santa Rosa Sunrise Rotary Foundation ($106k) and Comanche Educational Foundation ($106k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 34% of the total. At year end it held assets of $820k against liabilities of $0, net assets of $820k.