Ankeny Community Foundation

Analysis

Ankeny Community Foundation is a registered charity in United States, based in Ankeny, IA. It received its IRS tax-exemption ruling in July 2006, 20 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, Ankeny Community Foundation reported income of $77k and spending of $66k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $13k to $77k (+481%), an average of +55% a year. The sharpest change came in the year to December 2021, when income rose by 832%. Over the whole period it spent 171% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Ankeny Community Foundation sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 28th percentile within IA. Charities of a similar size with the same main cause include Beta Alpha Education Foundation ($77k), Bob Craig Youth Foundation ($78k) and Rotary Club of Carmel New York Charitable Foundation Inc ($77k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $90k against liabilities of $0, net assets of $90k.