Webster City Community School Foundation

Analysis

Webster City Community School Foundation is a registered charity in United States, based in Webster City, IA. It received its IRS tax-exemption ruling in March 1994, 32 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, Webster City Community School Foundation reported income of $81k and spending of $32k, leaving 60% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $84k to $81k (-4.2%), an average of -1.1% a year. The sharpest change came in the year to December 2022, when income dropped by 46%. Over the whole period it spent 42% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Webster City Community School 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 31st percentile, and in the 29th percentile within IA. Charities of a similar size with the same main cause include Power of 100 Foundation - Canadian County Ok LLC ($81k), Sophia Foundation ($81k) and Marine Industries Association of Collier County Foundation Inc ($81k).

At year end it held assets of $1.8m against liabilities of $0, net assets of $1.8m.