Mason City Foundation

Analysis

Mason City Foundation is a registered charity in United States, based in Mason City, IA. It received its IRS tax-exemption ruling in December 1991, 35 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Mason City Foundation reported income of $397k and spending of $561k, spending 141% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $468k to $397k (-15%), an average of -4.0% a year. The sharpest change came in the year to December 2021, when income rose by 250%. Over the whole period it spent 125% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Mason City Foundation sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 69th percentile within IA. Charities of a similar size with the same main cause include Mountain Valleys Resource Conservation & Development Council ($397k), Alliance for International Reforestation Inc ($397k) and Trails Preservation Alliance ($397k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $45k (8.0% of expenses). Other salaries and wages came to $44k. At year end it held assets of $5.6m against liabilities of $161k, net assets of $5.4m. It reported 8 employees.