Iowa Catholic Radio Foundation

Analysis

Iowa Catholic Radio Foundation is a registered charity in United States, based in WDM, IA. It received its IRS tax-exemption ruling in August 2017, 9 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 Catholic Radio Foundation reported income of $609k and spending of $447k, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $17k to $609k (+3494%), an average of +145% a year. The sharpest change came in the year to December 2021, when income rose by 733%. Over the whole period it spent 49% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Iowa Catholic Radio Foundation sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 75th percentile within IA. Charities of a similar size with the same main cause include First Shiloh Baptist Church ($609k), Shalom Learning Inc ($609k) and Ring Lake Ranch Inc ($609k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 22% and program service revenue 66% of the total. At year end it held assets of $827k against liabilities of $375, net assets of $827k.