Public Benefit Holding Corporation of Spencer Iowa

Analysis

Public Benefit Holding Corporation of Spencer Iowa is a registered charity in United States, based in Spencer, IA. It received its IRS tax-exemption ruling in March 1979, 47 years ago. 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, Public Benefit Holding Corporation of Spencer Iowa reported income of $702k and spending of $215k, leaving 69% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $207k to $702k (+239%), an average of +36% a year. The sharpest change came in the year to December 2023, when income rose by 171%. Over the whole period it spent 62% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Public Benefit Holding Corporation of Spencer Iowa sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 77th percentile within IA. Charities of a similar size with the same main cause include Foundation for Information Accountability and Governance ($702k), North Central Kansas Health Care Foundation ($702k) and Farmers Library Company of the Town of Ogden ($702k).

At year end it held assets of $2.4m against liabilities of $0, net assets of $2.4m.