Sioux Center Foundation

Analysis

Sioux Center Foundation is a registered charity in United States, based in Sioux Center, IA. It received its IRS tax-exemption ruling in May 1999, 27 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, Sioux Center Foundation reported income of $592k and spending of $54k, leaving 91% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $503k to $592k (+18%), an average of +4.2% a year. The sharpest change came in the year to December 2023, when income rose by 369%. Over the whole period it spent 27% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Sioux Center Foundation sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 75th percentile within IA. Charities of a similar size with the same main cause include Military Support Groups of America ($592k), John Buck Company Foundation ($592k) and United Way of the Adirondack Region Inc ($592k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 48% of the total. At year end it held assets of $2.6m against liabilities of $0, net assets of $2.6m.