Iowa Falls Community Chest Inc

Analysis

Iowa Falls Community Chest Inc is a registered charity in United States, based in Iowa Falls, IA. It received its IRS tax-exemption ruling in May 1954, 72 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 September 2024, Iowa Falls Community Chest Inc reported income of $73k and spending of $41k, leaving 44% of income unspent that year. Across the 3 years on record, from September 2022 to September 2024, income grew from $43k to $73k (+69%), an average of +30% a year. The sharpest change came in the year to September 2024, when income rose by 93%. Over the whole period it spent 91% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Iowa Falls Community Chest Inc sits at the 35th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 27th percentile within IA. Charities of a similar size with the same main cause include House Next Door Family Foundation Inc ($73k), Activist San Diego ($73k) and Widow and Hesed Fund ($73k).

On its Form 990-EZ for the period ending September 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $46k against liabilities of $0, net assets of $46k.