Waukee Community School Foundation

Analysis

Waukee Community School Foundation is a registered charity in United States, based in Waukee, IA. It received its IRS tax-exemption ruling in February 1997, 29 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 June 2024, Waukee Community School Foundation reported income of $320k and spending of $322k, spending 100% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $173k to $320k (+86%), an average of +13% a year. The sharpest change came in the year to June 2023, when income rose by 65%. Over the whole period it spent 101% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Waukee Community School Foundation sits at the 67th percentile: it is larger than about 66% 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 Square and Compasses Holding ($320k), Agc of Georgia Foundation Inc ($320k) and Friends of Gisaid Inc ($320k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 93% of the total. Other salaries and wages came to $105k. At year end it held assets of $745k against liabilities of $11k, net assets of $734k. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.