Iowa PBS Foundation

Analysis

Iowa PBS Foundation is a registered charity in United States, based in Johnston, IA. It received its IRS tax-exemption ruling in March 1982, 44 years ago. 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 2024, Iowa PBS Foundation reported income of $14.2m and spending of $10.5m, leaving 26% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $11.4m to $14.2m (+24%), an average of +5.5% a year. The sharpest change came in the year to June 2021, when income rose by 44%. Over the whole period it spent 75% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Iowa PBS Foundation sits at the 97th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within IA. Charities of a similar size with the same main cause include Lifecare Family Health and Dental Center Inc ($14.2m), West Virginia State University Research and Development Corp ($14.2m) and Mattapan Community Health Center Inc ($14.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 86% of the total. Compensation of current officers, directors and key employees was $274k (2.6% of expenses). Other salaries and wages came to $1.3m. It paid $321k in professional fundraising fees. At year end it held assets of $36.8m against liabilities of $1.8m, net assets of $35.0m. It reported 17 employees.