Keokuk Union Depot Foundation

Analysis

Keokuk Union Depot Foundation is a registered charity in United States, based in Keokuk, IA. It received its IRS tax-exemption ruling in February 2013, 13 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Keokuk Union Depot Foundation reported income of $408k and spending of $207k, leaving 49% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $161k to $408k (+154%), an average of +154% a year. The sharpest change came in the year to December 2023, when income rose by 154%. Over the whole period it spent 62% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Keokuk Union Depot Foundation sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 70th percentile within IA. Charities of a similar size with the same main cause include Women and Family Life Center of Guilford Incorporated ($408k), Jamestowne Society Inc ($408k) and Decatur Arts Alliance Inc ($408k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $318k against liabilities of $64, net assets of $318k.