Central Iowa Housing Trust Fund

Analysis

Central Iowa Housing Trust Fund is a registered charity in United States, based in WDM, IA. It received its IRS tax-exemption ruling in September 2019, 7 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 June 2023, Central Iowa Housing Trust Fund reported income of $293k and spending of $234k, leaving 20% of income unspent that year. Across the 3 years on record, from June 2021 to June 2023, income fell from $399k to $293k (-26%), an average of -14% a year. The sharpest change came in the year to June 2023, when income dropped by 33%. Over the whole period it spent 71% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Central Iowa Housing Trust Fund sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within IA. Charities of a similar size with the same main cause include Sequoia Youth & Family Services ($293k), Automobile Alley ($294k) and West Grand Neighborhood Organization ($293k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $346k against liabilities of $6,482, net assets of $340k.