Galva-Holstein Community School District Foundation

Analysis

Galva-Holstein Community School District Foundation is a registered charity in United States, based in Holstein, IA. It received its IRS tax-exemption ruling in August 1992, 34 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, Galva-Holstein Community School District Foundation reported income of $82k and spending of $101k, spending 122% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $81k to $82k (+1.8%), an average of +0.4% a year. The sharpest change came in the year to December 2021, when income rose by 1359%. Over the whole period it spent 91% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Galva-Holstein Community School District Foundation sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 30th percentile within IA. Charities of a similar size with the same main cause include Hall of Fame Foundation Inc ($82k), Valley United Fund ($82k) and Caraway Foundation ($82k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.1% and program service revenue 88% of the total. At year end it held assets of $489k against liabilities of $0, net assets of $489k.