Iowa Health Foundation

Analysis

Iowa Health Foundation is a registered charity in United States, based in Des Moines, IA. It received its IRS tax-exemption ruling in April 1999, 27 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Iowa Health Foundation reported income of $17.6m and spending of $17.5m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $17.2m to $17.6m (+2.1%), an average of +0.5% a year. The sharpest change came in the year to December 2021, when income rose by 51%. Over the whole period it spent 75% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Iowa Health Foundation sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within IA. Charities of a similar size with the same main cause include Health Care Center for the Homeless Inc ($17.6m), Childrens Hospital of Michigan Foundation ($17.6m) and Mercy St Francis Hospital ($17.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 0.5% of the total. Compensation of current officers, directors and key employees was $339k (1.9% of expenses). Other salaries and wages came to $1.5m. It paid $131k in professional fundraising fees. At year end it held assets of $227.1m against liabilities of $24.0m, net assets of $203.1m.