West Des Moines Community Schools Foundation

Analysis

West Des Moines Community Schools Foundation is a registered charity in United States, based in WDM, IA. It received its IRS tax-exemption ruling in October 1988, 38 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 June 2023, West Des Moines Community Schools Foundation reported income of $612k and spending of $575k, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $526k to $612k (+16%), an average of +3.8% a year. The sharpest change came in the year to June 2023, when income rose by 34%. Over the whole period it spent 96% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, West Des Moines Community Schools Foundation sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 75th percentile within IA. Charities of a similar size with the same main cause include Steelers Charities ($612k), Harry Weinberg Family Foundation Inc ($612k) and Hadassah S Hope Inc ($612k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $1.4m against liabilities of $94, net assets of $1.4m.