Communiversity Foundation

Analysis

Communiversity Foundation is a registered charity in United States, based in Fairfield, IA. It received its IRS tax-exemption ruling in July 2002, 24 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, Communiversity Foundation reported income of $55k and spending of $49k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $37k to $55k (+51%), an average of +11% a year. The sharpest change came in the year to December 2023, when income rose by 60%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Communiversity Foundation sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 19th percentile within IA. Charities of a similar size with the same main cause include Cherry Valley PTA King County 2 16 10 ($55k), Greencastle-Antrim Band Boosters ($55k) and Country Springs Elementary School Parent Faculty Association ($55k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $13k against liabilities of $10k, net assets of $2,459.