Iowa Agriculture Literacy Foundation

Analysis

Iowa Agriculture Literacy Foundation is a registered charity in United States, based in Des Moines, IA. It received its IRS tax-exemption ruling in October 2014, 12 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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 October 2023, Iowa Agriculture Literacy Foundation reported income of $656k and spending of $688k, spending 105% of its income. Across the 5 years on record, from October 2019 to October 2023, income grew from $615k to $656k (+6.6%), an average of +1.6% a year. The sharpest change came in the year to October 2021, when income rose by 58%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Iowa Agriculture Literacy Foundation sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 76th percentile within IA. Charities of a similar size with the same main cause include Carlos Legacy ($656k), Trinity Healing Center Inc ($656k) and Integrate Autism Employment Advisors Inc ($656k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $92k (13% of expenses). Other salaries and wages came to $219k. At year end it held assets of $177k against liabilities of $2,516, net assets of $174k.