Northwest Iowa Health Center Foundation Inc

Analysis

Northwest Iowa Health Center Foundation Inc is a registered charity in United States, based in Sheldon, IA. It received its IRS tax-exemption ruling in June 1994, 32 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, Northwest Iowa Health Center Foundation Inc reported income of $66k and spending of $521k, spending 788% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $58k to $66k (+13%), an average of +3.2% a year. The sharpest change came in the year to December 2023, when income rose by 85%. Over the whole period it spent 214% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Northwest Iowa Health Center Foundation Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 23rd percentile within IA. Charities of a similar size with the same main cause include Hartford Community Service Inc ($66k), Maniapure Foundation USA Inc ($66k) and Zakynthian Brotherhood of California Charitable Fund ($66k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% of the total. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.