Northeast Iowa Dairy & Agriculture Foundation

Analysis

Northeast Iowa Dairy & Agriculture Foundation is a registered charity in United States, based in Calmar, IA. It received its IRS tax-exemption ruling in September 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 June 2023, Northeast Iowa Dairy & Agriculture Foundation reported income of $2.1m and spending of $2.2m, spending 108% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.1m to $2.1m (-1.9%), an average of -0.5% a year. Over the whole period it spent 116% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Northeast Iowa Dairy & Agriculture Foundation sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 88th percentile within IA. Charities of a similar size with the same main cause include New Horizons Center for Learning ($2.1m), Vidalia Heritage Academy Inc ($2.1m) and The Circe Institute Inc ($2.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 16% and program service revenue 81% of the total. Other salaries and wages came to $310k. At year end it held assets of $1.2m against liabilities of $816k, net assets of $379k. It reported 35 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.