Polk County Foundation Inc

Analysis

Polk County Foundation Inc is a registered charity in United States, based in Osceola, NE. It received its IRS tax-exemption ruling in February 1996, 30 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Polk County Foundation Inc reported income of $74k and spending of $67k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $109k to $74k (-32%), an average of -9.2% a year. The sharpest change came in the year to December 2021, when income rose by 54%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Polk County Foundation 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 29th percentile, and in the 27th percentile within NE. Charities of a similar size with the same main cause include Llano Athletic Boosters ($74k), Victors Homeschool Sports Program ($74k) and Marquette Boosters Club and Foundation Inc ($74k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% of the total. At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m.