Iowa Clinic Healthcare Foundation

Analysis

Iowa Clinic Healthcare Foundation is a registered charity in United States, based in WDM, IA. It received its IRS tax-exemption ruling in February 2004, 22 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Iowa Clinic Healthcare Foundation reported income of $172k and spending of $162k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $143k to $172k (+21%), an average of +4.9% a year. The sharpest change came in the year to December 2022, when income rose by 58%. Over the whole period it spent 103% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Iowa Clinic Healthcare Foundation sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 51st percentile within IA. Charities of a similar size with the same main cause include Blood Bank Real Property Inc ($172k), Mary Deveau Foundation Inc ($173k) and Half a Sorrow Foundation ($172k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 104% of the total. At year end it held assets of $254k against liabilities of $1,389, net assets of $253k.