Eastern Iowa Community College District Downtown Campus Foundatio

Analysis

Eastern Iowa Community College District Downtown Campus Foundatio is a registered charity in United States, based in Davenport, IA. It received its IRS tax-exemption ruling in June 2015, 11 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Eastern Iowa Community College District Downtown Campus Foundatio reported income of $842k and spending of $61k, leaving 93% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.9m to $842k (-83%), an average of -36% a year. The sharpest change came in the year to December 2021, when income dropped by 74%. Over the whole period it spent 6.8% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Eastern Iowa Community College District Downtown Campus Foundatio sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 80th percentile within IA. Charities of a similar size with the same main cause include Blue Ridge Opportunity Services Inc ($842k), Electrical Joint Apprenticeship and Training Committee of Northern Ind ($842k) and Nexuspark Community Development Corporation ($841k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 80% of the total. At year end it held assets of $18.1m against liabilities of $0, net assets of $18.1m.