Cedar Foundation Incorporated of Cedar County Iowa

Analysis

Cedar Foundation Incorporated of Cedar County Iowa is a registered charity in United States, based in Tipton, IA. It received its IRS tax-exemption ruling in September 1981, 45 years ago. Its declared purposes cover human services, 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 June 2023, Cedar Foundation Incorporated of Cedar County Iowa reported income of $5.0m and spending of $5.4m, spending 109% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.6m to $5.0m (+8.7%), an average of +2.1% a year. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cedar Foundation Incorporated of Cedar County Iowa sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within IA. Charities of a similar size with the same main cause include Worcester Jewish Community Center ($5.0m), Young Mens Christian Association of the Treasure Coast Florida Inc ($5.0m) and Horizons a Family Service Alliance ($5.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.8% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $99k (1.8% of expenses). Other salaries and wages came to $2.9m. At year end it held assets of $6.2m against liabilities of $539k, net assets of $5.7m. It reported 108 employees.