Kiowa County Economic Development Foundation

Analysis

Kiowa County Economic Development Foundation is a registered charity in United States, based in Eads, CO. It received its IRS tax-exemption ruling in November 2000, 26 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 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, Kiowa County Economic Development Foundation reported income of $77k and spending of $108k, spending 140% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $293k to $77k (-74%), an average of -49% a year. The sharpest change came in the year to December 2022, when income dropped by 57%. Over the whole period it spent 106% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Kiowa County Economic Development Foundation sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 27th percentile within CO. Charities of a similar size with the same main cause include Head Corporation ($77k), Gasoline Alley Foundation Inc ($77k) and Canisteo Police Club ($77k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 7.8% of the total. At year end it held assets of $186k against liabilities of $6,333, net assets of $179k.