Indian Hills Community College Foundation
Analysis
Indian Hills Community College Foundation is a registered charity in United States, based in Ottumwa, IA. It received its IRS tax-exemption ruling in February 1976, 50 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2024, Indian Hills Community College Foundation reported income of $4.8m and spending of $5.2m, spending 108% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.5m to $4.8m (+227%), an average of +34% a year. The sharpest change came in the year to June 2021, when income rose by 220%. Over the whole period it spent 64% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Indian Hills Community College Foundation sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within IA. Charities of a similar size with the same main cause include Minnesota State College Student Association Inc ($4.8m), Delta Delta Delta Foundation ($4.8m) and Colorado Springs Charter Academy ($4.8m).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 63% of the total. At year end it held assets of $43.5m against liabilities of $3.0m, net assets of $40.4m.
Income and spending
Where the income comes from
- Contributions & grants 63%
- Other 37%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Minnesota State College Student Association Inc | W Saint Paul | $4.8m |
| Delta Delta Delta Foundation | Dallas | $4.8m |
| Colorado Springs Charter Academy | Colorado Springs | $4.8m |
| Denton Calvary Academy | Denton | $4.8m |