Indian Hills Community College Development Inc

Analysis

Indian Hills Community College Development Inc is a registered charity in United States, based in Ottumwa, IA. It received its IRS tax-exemption ruling in October 1975, 51 years ago. 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 Development Inc reported income of $249k and spending of $218k, spending 88% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $159k to $249k (+57%), an average of +12% a year. The sharpest change came in the year to June 2024, when income rose by 317%. Over the whole period it spent 126% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Indian Hills Community College Development Inc sits at the 57th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 60th percentile within IA. Charities of a similar size with the same main cause include USA Swimming Inc ($249k), Laredo Regional Food Bank Inc ($249k) and Junior League Monroe Incorporate ($249k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 4.8% of the total. At year end it held assets of $3.5m against liabilities of $3.2m, net assets of $306k.