Iowa Restaurant Association Education Foundation

Analysis

Iowa Restaurant Association Education Foundation is a registered charity in United States, based in WDM, IA. It received its IRS tax-exemption ruling in October 2000, 26 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 December 2023, Iowa Restaurant Association Education Foundation reported income of $126k and spending of $159k, spending 126% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $165k to $126k (-23%), an average of -23% a year. The sharpest change came in the year to December 2023, when income dropped by 23%. Over the whole period it spent 114% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Iowa Restaurant Association Education 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 43rd percentile, and in the 42nd percentile within IA. Charities of a similar size with the same main cause include Weatherford Campus Parent Teacher Fellowship ($126k), New Birth Fellowship Christian Academy Inc ($126k) and Salem Rotary Club Vance M Smith III Scholarship Foundation Inc ($126k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $56k against liabilities of $5,698, net assets of $50k.