Cedar Falls Community Foundation Inc

Analysis

Cedar Falls Community Foundation Inc is a registered charity in United States, based in Cedar Falls, IA. It received its IRS tax-exemption ruling in August 1978, 48 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, Cedar Falls Community Foundation Inc reported income of $685k and spending of $639k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $704k to $685k (-2.6%), an average of -0.7% a year. The sharpest change came in the year to December 2021, when income rose by 205%. Over the whole period it spent 89% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Cedar Falls Community Foundation Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 77th percentile within IA. Charities of a similar size with the same main cause include Breman Foundation Inc ($684k), Alpha Delta Kappa Foundation Inc ($686k) and Navigant Credit Union Charitable Foundation Inc ($683k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $48k (7.6% of expenses). At year end it held assets of $8.6m against liabilities of $1.1m, net assets of $7.5m. It reported 1 employees.