Iowa Cooperative Foundation

Analysis

Iowa Cooperative Foundation is a registered charity in United States, based in Ames, IA. It received its IRS tax-exemption ruling in April 1989, 37 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, Iowa Cooperative Foundation reported income of $59k and spending of $33k, leaving 45% of income unspent that year. Across the 5 years on record, from May 2020 to May 2024, income grew from $45k to $59k (+32%), an average of +7.1% a year. The sharpest change came in the year to May 2023, when income rose by 36%. Over the whole period it spent 54% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Iowa Cooperative Foundation sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 21st percentile within IA. Charities of a similar size with the same main cause include Tigerton Clinic Inc ($59k), Ibew 77 Womens Committee ($59k) and Thomas Jefferson H S for Sci & Tech Colonial Athletic Boosters Inc ($59k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 60% of the total. At year end it held assets of $525k against liabilities of $0, net assets of $525k.