Iowa Heart Foundation

Analysis

Iowa Heart Foundation is a registered charity in United States, based in WDM, IA. It received its IRS tax-exemption ruling in April 1992, 34 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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, Iowa Heart Foundation reported income of $610k and spending of $478k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $460k to $610k (+33%), an average of +7.3% a year. The sharpest change came in the year to December 2020, when income rose by 31%. Over the whole period it spent 72% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Iowa Heart Foundation sits at the 58th percentile: it is larger than about 58% 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 Families Helping Families of Greater Baton Rouge ($610k), Housing4humanity ($610k) and 12-24 Club Inc ($610k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% and program service revenue 0.4% of the total. At year end it held assets of $7.3m against liabilities of $0, net assets of $7.3m.