Iowa Association of Business and Industry Foundation

Analysis

Iowa Association of Business and Industry Foundation is a registered charity in United States, based in Des Moines, IA. It received its IRS tax-exemption ruling in June 1985, 41 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 September 2023, Iowa Association of Business and Industry Foundation reported income of $530k and spending of $520k, spending 98% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $629k to $530k (-16%), an average of -4.2% a year. The sharpest change came in the year to September 2020, when income dropped by 23%. Over the whole period it spent 89% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Iowa Association of Business and Industry Foundation sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 74th percentile within IA. Charities of a similar size with the same main cause include Chaves County Junior Livestock Inc ($530k), Anrak Charitable Foundation ($530k) and Camp Mishawaka ($530k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 73% and program service revenue 30% of the total. At year end it held assets of $1.1m against liabilities of $123k, net assets of $958k.