Jasper Community Foundation

Analysis

Jasper Community Foundation is a registered charity in United States, based in Newton, IA. It received its IRS tax-exemption ruling in November 1997, 29 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, Jasper Community Foundation reported income of $725k and spending of $266k, leaving 63% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $317k to $725k (+129%), an average of +23% a year. The sharpest change came in the year to December 2023, when income rose by 83%. Over the whole period it spent 33% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Jasper Community Foundation sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 78th percentile within IA. Charities of a similar size with the same main cause include North Platte Community College Foundation ($724k), Friends of Zichron Meir ($726k) and Golden Civic Foundation Inc ($724k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% of the total. At year end it held assets of $4.3m against liabilities of $0, net assets of $4.3m.