Siouxland Community Foundation

Analysis

Siouxland Community Foundation is a registered charity in United States, based in Sioux City, IA. It received its IRS tax-exemption ruling in June 1989, 37 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Siouxland Community Foundation reported income of $4.5m and spending of $5.0m, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $6.2m to $4.5m (-26%), an average of -7.3% a year. The sharpest change came in the year to December 2020, when income rose by 80%. Over the whole period it spent 49% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Siouxland Community Foundation sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within IA. Charities of a similar size with the same main cause include The American University of Greece Foundation ($4.5m), Unity Foundation of Laporte County Inc ($4.5m) and Racine Community Foundation Inc ($4.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% of the total. Compensation of current officers, directors and key employees was $108k (2.1% of expenses). Other salaries and wages came to $150k. At year end it held assets of $46.3m against liabilities of $3.8m, net assets of $42.6m. It reported 4 employees.