Iowa Gardening for Good Inc

Analysis

Iowa Gardening for Good Inc is a registered charity in United States, based in Madrid, IA. It received its IRS tax-exemption ruling in March 2018, 8 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Iowa Gardening for Good Inc reported income of $97k and spending of $137k, spending 142% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $78k to $97k (+24%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 129% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Iowa Gardening for Good Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 34th percentile within IA. Charities of a similar size with the same main cause include Bend Bullets ($97k), Embrace ($97k) and Salute to the Fallen ($97k).

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 $59k against liabilities of $102k, net assets of -$43k.