Pella Community Foundation

Analysis

Pella Community Foundation is a registered charity in United States, based in Pella, IA. It received its IRS tax-exemption ruling in September 1991, 35 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 2024, Pella Community Foundation reported income of $9.7m and spending of $348k, leaving 96% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $387k to $9.7m (+2402%), an average of +124% a year. The sharpest change came in the year to June 2024, when income rose by 1573%. Over the whole period it spent 13% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Pella Community Foundation sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within IA. Charities of a similar size with the same main cause include Catholic Community Foundation - Ohio ($9.7m), United Way Association of South Carolina Inc ($9.7m) and Tisbest Philanthropy ($9.7m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 93% and program service revenue 0.2% of the total. At year end it held assets of $19.5m against liabilities of $2.0m, net assets of $17.5m.