Northcrest Foundation Inc

Analysis

Northcrest Foundation Inc is a registered charity in United States, based in Ames, IA. It received its IRS tax-exemption ruling in March 2001, 25 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Northcrest Foundation Inc reported income of $228k and spending of $137k, leaving 40% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $260k to $228k (-12%), an average of -3.2% a year. The sharpest change came in the year to December 2023, when income dropped by 35%. Over the whole period it spent 44% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Northcrest Foundation Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 58th percentile within IA. Charities of a similar size with the same main cause include American Friends of the Father Bash Foundation Inc ($228k), Reis Bisor Foundation ($228k) and Community 2000 Education Foundation ($228k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% of the total. At year end it held assets of $4.4m against liabilities of $2,109, net assets of $4.4m.