Foundation for Children and Families of Iowa

Analysis

Foundation for Children and Families of Iowa is a registered charity in United States, based in Des Moines, IA. It received its IRS tax-exemption ruling in February 1984, 42 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 2023, Foundation for Children and Families of Iowa reported income of $1.7m and spending of $871k, leaving 47% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.7m to $1.7m (-3.1%), an average of -0.8% a year. The sharpest change came in the year to June 2021, when income rose by 88%. Over the whole period it spent 62% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Foundation for Children and Families of Iowa sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 86th percentile within IA. Charities of a similar size with the same main cause include James Foundation ($1.7m), Nopi Inc ($1.7m) and Brain Injury Association of New York State Inc ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 72% of the total. Other salaries and wages came to $281k. At year end it held assets of $14.3m against liabilities of $11.4m, net assets of $2.9m.