Cedar Valley Seminary Foundation Inc

Analysis

Cedar Valley Seminary Foundation Inc is a registered charity in United States, based in Osage, IA. It received its IRS tax-exemption ruling in August 2015, 11 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, Cedar Valley Seminary Foundation Inc reported income of $4.0m and spending of $658k, leaving 83% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $757k to $4.0m (+423%), an average of +51% a year. The sharpest change came in the year to December 2023, when income rose by 1520%. Over the whole period it spent 29% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Cedar Valley Seminary Foundation Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within IA. Charities of a similar size with the same main cause include World Chess Museum Inc ($4.0m), Mount Baker Theatre ($4.0m) and Oklahoma Hall of Fame Inc ($4.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 6.3% of the total. Other salaries and wages came to $183k. At year end it held assets of $8.3m against liabilities of $95k, net assets of $8.2m. It reported 34 employees.