Onawa Community Foundation

Analysis

Onawa Community Foundation is a registered charity in United States, based in Onawa, IA. It received its IRS tax-exemption ruling in September 1998, 28 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, Onawa Community Foundation reported income of $331k and spending of $262k, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $233k to $331k (+42%), an average of +9.1% a year. The sharpest change came in the year to December 2020, when income rose by 33%. Over the whole period it spent 64% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Onawa Community Foundation sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within IA. Charities of a similar size with the same main cause include America Viva Alliance Corp ($331k), Special K Ranch Foundation Inc ($331k) and High Country United Way ($330k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.