Vinton-Shellsburg Community School District Foundation

Analysis

Vinton-Shellsburg Community School District Foundation is a registered charity in United States, based in Vinton, IA. It received its IRS tax-exemption ruling in December 1996, 30 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Vinton-Shellsburg Community School District Foundation reported income of $112k and spending of $101k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $104k to $112k (+7.6%), an average of +1.9% a year. The sharpest change came in the year to December 2020, when income rose by 769%. Over the whole period it spent 34% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Vinton-Shellsburg Community School District Foundation sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 39th percentile within IA. Charities of a similar size with the same main cause include Philoptochos of Saint Mark of Boca Raton Florida Inc ($112k), Three Rivers Helping Hands Community Foundation ($112k) and Nisc Foundation ($112k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% of the total. At year end it held assets of $2.3m against liabilities of $0, net assets of $2.3m.