University of Iowa Strategic Initiatives Fund

Analysis

University of Iowa Strategic Initiatives Fund is a registered charity in United States, based in Iowa City, IA. It received its IRS tax-exemption ruling in August 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, University of Iowa Strategic Initiatives Fund reported income of $26.8m and spending of $20.3m, leaving 24% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income fell from $990.2m to $26.8m (-97%), an average of -70% a year. The sharpest change came in the year to June 2021, when income dropped by 98%. Over the whole period it spent 3.9% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, University of Iowa Strategic Initiatives Fund sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within IA. Charities of a similar size with the same main cause include Community Academies of New Orleans Inc ($26.8m), Idaho State University Foundation Inc ($26.8m) and University of Southern Mississippi Foundation ($26.8m).

At year end it held assets of $1.09bn against liabilities of $0, net assets of $1.09bn.