Traer Community Foundation

Analysis

Traer Community Foundation is a registered charity in United States, based in Traer, IA. It received its IRS tax-exemption ruling in April 1995, 31 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, Traer Community Foundation reported income of $150k and spending of $107k, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $121k to $150k (+23%), an average of +5.4% a year. The sharpest change came in the year to December 2023, when income rose by 64%. Over the whole period it spent 73% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Traer Community Foundation sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 47th percentile within IA. Charities of a similar size with the same main cause include Impact Las Vegas Foundation Inc ($150k), Tunison Foundation Inc ($150k) and Nueces Electric Charities Inc ($150k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% of the total. At year end it held assets of $2.1m against liabilities of $0, net assets of $2.1m.