Iowa Newspaper Foundation

Analysis

Iowa Newspaper Foundation is a registered charity in United States, based in Des Moines, IA. It received its IRS tax-exemption ruling in March 1985, 41 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 December 2023, Iowa Newspaper Foundation reported income of $477k and spending of $403k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $466k to $477k (+2.3%), an average of +0.6% a year. The sharpest change came in the year to December 2023, when income rose by 3741%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Iowa Newspaper Foundation sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 72nd percentile within IA. Charities of a similar size with the same main cause include Amber Wittman Ministries ($477k), American Society for Legal History ($477k) and Portage Community Outreach Center Inc ($477k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 38% and program service revenue 17% of the total. At year end it held assets of $2.2m against liabilities of $561k, net assets of $1.6m.