Iowa Grocers Education Foundation

Analysis

Iowa Grocers Education Foundation is a registered charity in United States, based in Urbandale, IA. It received its IRS tax-exemption ruling in April 1993, 33 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Iowa Grocers Education Foundation reported income of $361k and spending of $242k, leaving 33% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $218k to $361k (+65%), an average of +13% a year. The sharpest change came in the year to December 2023, when income rose by 63%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Iowa Grocers Education 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 65th percentile, and in the 67th percentile within IA. Charities of a similar size with the same main cause include Lancaster Day Care Center Inc ($361k), Abuse Resource Network ($361k) and The Peninsula Figure Skating Club Inc ($361k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% of the total. At year end it held assets of $2.8m against liabilities of $2,740, net assets of $2.8m.