Iowa Automobile Dealers Foundation

Analysis

Iowa Automobile Dealers Foundation is a registered charity in United States, based in WDM, IA. It received its IRS tax-exemption ruling in February 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. 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 May 2024, Iowa Automobile Dealers Foundation reported income of $55k and spending of $123k, spending 223% of what it took in. Across the 5 years on record, from May 2020 to May 2024, income fell from $189k to $55k (-71%), an average of -26% a year. The sharpest change came in the year to May 2022, when income rose by 154%. Over the whole period it spent 111% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Iowa Automobile Dealers Foundation sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 19th percentile within IA. Charities of a similar size with the same main cause include Airmen Memorial Foundation Inc ($55k), Oak Elementary PTO ($55k) and Marietta Band Boosters Inc ($55k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 69% of the total. At year end it held assets of $1.1m against liabilities of $45k, net assets of $1.0m.