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Wabash Valley Community Foundation

Terre Haute, IN · EIN 35-1848649 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for the fiscal year ending September 30, 2025 (tax year 2024) · View the filing · Correct or respond

Wabash Valley Community Foundation reported $16.3 million in revenue and $6.3 million in expenses for the fiscal year ending September 30, 2025. Of every $100 it spent, $86.68 went to program services, $8.19 to management and general costs and $5.13 to fundraising. Its largest source of revenue was contributions and grants: 62.7% of the total. The highest compensation it reported for one person was $220,494 (PRESIDENT & CEO). 2 people received more than $100,000 in reportable compensation. Revenue rose 198% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending September 30, 2025 · Form 990, Part IX, line 25 · total expenses $6.3M

For context, the median across 1,001 covered philanthropy, voluntarism & grantmaking charities: $91.65 programs, $6.50 management, $1.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending September 30, 2025 · Form 990, Part VIII · total revenue $16M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 1,001 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
86.7%90.2%
Management & general
Part IX 25(C) ÷ 25(A)
8.2%6.4%
Fundraising
Part IX 25(D) ÷ 25(A)
5.1%1.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.03$0.02
Contributions & grants share of revenue
Part VIII 1h ÷ 12
62.7%79.9%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%0.0%
Program service revenue share
Part VIII 2g ÷ 12
0.1%0.0%
Highest reported compensation
Part VII-A, columns D–F
$220,494$325,675
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
3.49%1.56%
People paid over $100,000
Part VII, line 2
23
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
228.156.6
Independent voting board members
Part VI 1a–1b
17 of 17100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$5.1M expenses · 92.7% of program spending · grants $4.2M · revenue $13,344

The quality of life was enriched in the Wabash Valley through the foundation's grants to sustain social service, civic affairs and arts and cultural organizations. The foundation provides numerous grants throughout the community in various areas to help meet the needs of the community and provide a means of addressing developing issues and concerns. During the current year, scholarships were issued to 241 recipients totaling $909,720

$350K expenses · 6.4% of program spending · grants $350K

On march 31, 2023, a severe storm system, including an ef-3 tornado, caused significant damage to agricultural and residential areas in sullivan county, indiana, one of the counties served by the Wabash Valley Community Foundation. In response, the Community Foundation established a dedicated relief fund to assist affected residents. Utilizing the voluntary organizations active in disaster (voad) model, the Community Foundation has provided disaster relief payments on behalf of 33 families who were directly impacted by the storm

$50,000 expenses · 0.9% of program spending

The Wabash Valley Community Foundation was awarded community leadership grants from the lilly endowment inc., giving indiana funds for tomorrow (gift) viii initiate for community foundations, to engage stakeholders in the development and implementation of strategic, large-scale initiatives aimed at addressing critical community challenges and opportunities. These grants facilitated the creation of comprehensive community plans in vigo and clay counties, as well as an economic impact study in sullivan county

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PRESIDENT & CEO
Officer, 40.00 hrs/week
$194,819$0$25,675$220,494
PROGRAM DIRECTOR
Highest compensated employee, 40.00 hrs/week
$104,625$0$9,263$113,888

2 people received more than $100,000 in reportable compensation from Wabash Valley Community Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $228K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$5.0M$10M$15M$20MFY2020FY2021FY2022FY2023FY2024FY2025$16M$6.3M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$16M$6.3M86.7%$120M$220,494
FY2024 ⓘ$18M$6.2M87.2%$106M$211,980
FY2023 ⓘ$7.8M$5.0M85.8%$81M$192,873
FY2022 ⓘ$14M$4.0M83.7%$72M$176,425
FY2021 ⓘ$9.3M$3.4M83.2%$81M$176,425
FY2020 ⓘ$5.5M$3.4M81.3%$58M$164,650

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b17 · 17 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 513
  • Volunteers Part I, line 6169

Private foundation grants it received

14 private foundations reported grants to Wabash Valley Community Foundation totaling $771K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Wabash Valley Community Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Wabash Valley Community Foundation, you can publish a response that is linked from this page.

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Questions people ask

How much of Wabash Valley Community Foundation's spending goes to programs?

In the fiscal year ending September 30, 2025, Wabash Valley Community Foundation reported that 86.7% of its $6.3 million in expenses went to program services, 8.2% to management and general and 5.1% to fundraising (Form 990, Part IX).

How much does Wabash Valley Community Foundation pay its top executive?

The largest total compensation Wabash Valley Community Foundation reported for one person in the fiscal year ending September 30, 2025 was $220,494, for the role of PRESIDENT & CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Wabash Valley Community Foundation get its money?

Of $16.3 million in revenue in the fiscal year ending September 30, 2025, 62.7% came from contributions and grants and 0.1% from program service revenue (Form 990, Part VIII).

Is Wabash Valley Community Foundation a registered charity?

The IRS lists EIN 35-1848649 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending September 30, 2025, object 202600439349300725 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending September 30, 2024, object 202501269349303080 · read the filing
  • FY2023: Form 990 for the fiscal year ending September 30, 2023, object 202430379349300608 · read the filing
  • FY2022: Form 990 for the fiscal year ending September 30, 2022, object 202310949349301351 · read the filing
  • FY2021: Form 990 for the fiscal year ending September 30, 2021, object 202220619349301457 · read the filing
  • FY2020: Form 990 for the fiscal year ending September 30, 2020, object 202121619349300407 · read the filing

All filings for EIN 35-1848649: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.