Indianola Community Youth Foundation

Analysis

Indianola Community Youth Foundation is a registered charity in United States, based in Indianola, IA. It received its IRS tax-exemption ruling in March 2011, 15 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 June 2024, Indianola Community Youth Foundation reported income of $140k and spending of $194k, spending 139% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $340k to $140k (-59%), an average of -16% a year. The sharpest change came in the year to June 2020, when income dropped by 58%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Indianola Community Youth Foundation sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 45th percentile within IA. Charities of a similar size with the same main cause include Parks Foundation of Burlington ($139k), Energy Youth Basketball Club ($140k) and Junior Marauders Football and Cheer ($139k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 75% of the total. Compensation of current officers, directors and key employees was $54k (28% of expenses). At year end it held assets of $888k against liabilities of $2,177, net assets of $886k. It reported 1 employees.