Agc of Iowa Foundation

Analysis

Agc of Iowa Foundation is a registered charity in United States, based in Des Moines, IA. It received its IRS tax-exemption ruling in May 1997, 29 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Agc of Iowa Foundation reported income of $122k and spending of $65k, leaving 47% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $103k to $122k (+18%), an average of +4.2% a year. The sharpest change came in the year to December 2022, when income rose by 97%. Over the whole period it spent 44% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Agc of Iowa Foundation sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 41st percentile within IA. Charities of a similar size with the same main cause include Voice of the People Inc ($122k), The Achievement Fund Inc ($122k) and North Orlando Bridge Academy Inc ($122k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% of the total. At year end it held assets of $1.9m against liabilities of $6,579, net assets of $1.9m.