Demco Charitable Foundation FY2024 filing

Tax-deductible

Boyden, IA501(c)(3)EIN 42-1322684

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501(c)(3) charity; gifts are tax-deductible.
Status: IRS Pub. 78

Before you give

FY2024 · Form 990-PFIndependent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990-PF
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $289K a year · 60% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
990-PF Pt I · 5 filings
Cash reserves
5 mo
of spending, in cash
Looks good: 5.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
990-PF Pt II
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$777K
+10% vs prior year
Spent
$390K
Net assets
$3.2M
By yearFY2021–FY2025
Revenue
$777K
FY2024▲ +10%
Revenue by fiscal year
FY2021$87K
FY2022$534K
FY2023$707K
FY2024$777K
FY2025$297K
Expenses
$390K
FY2024▲ +191%
Expenses by fiscal year
FY2021$119K
FY2022$129K
FY2023$134K
FY2024$390K
FY2025$183K
Net assets
$3.2M
FY2024▲ +14%
Net assets by fiscal year
FY2021$1.9M
FY2022$2.3M
FY2023$2.8M
FY2024$3.2M
FY2025$3.3M

From the FY2024 Form 990 (year ending June 2024) · see the original

You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jan 1989.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Grants & contributions paid 100% · $389K Operating & administrative 0% · $1K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

4 people listed on the 990-PF.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Demco Charitable Foundation executive salaries →

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Programs and updates

A private foundation based in Boyden, IA.

Provided by the organization

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Grants and how to apply

Who it funds, and how to ask.

Who They Fund

Part XV · grants paid · 23 grants · $165K · 2024–2024
Boyden-Hull High SchoolFY2024$81,766
Shaylee Bee FoundationFY2024$25,000
Northwestern CollegeIA · FY2024$10,250
The Luke SocietyFY2024$10,000
Northwest Iowa Soccer ClubFY2024$5,000
Hull Bright Start INCIA · FY2024$5,000
Moc-Floyed Valley Community School DistrictFY2024$4,000
Individual RecipientFY2024$3,000
Rise Sponsorship (silver) PledgeFY2024$3,000
Clay County Community FoundationFY2024$2,500
Northwest Iowa Community CollegeFY2024$2,500
Individual RecipientFY2024$2,500
Gehlen Catholic SchoolFY2024$1,500
Justice for AllFY2024$1,500
Love INCFY2024$1,330
Village Northwest UnlimitedIA · FY2024$1,000
Youth in Philantrophyokoboji FundFY2024$1,000
See all 23 grants →

Grantmaking Profile

Patterns in foundation giving
Distinct granteesPart XV5
Average grantPart XV$7K
Median grantPart XV$2K
Largest grantPart XV$82K
Top cause focusNTEEHuman Services (9%)

By the numbers

The FY2024 990-PF, line by line.

1The main four
Money in
$777K
Gifts and grants$650K
Investment income$158K
Money out
$390K
Grants paid$389K
Running costs$1K
Owns and owes
$3.2M
net assets
Cash and savings$161K
Total assets$3.2M
Liabilities$0
People
4
listed
Paid0
2In more detail
Revenue in detail
Gifts and grants$650K
Investment income$158K
Total revenue$777K
Assets in detailEnd of year
Cash and savings together$161K
Total assets$3.2M
Liabilities$0
Net assets$3.2M
Operations
Fiscal year endsJune

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $297K$183K$114K$3.3M 990 PDF
FY2024 Viewing $777K$390K$387K$3.2M 990 PDF
FY2023 $707K$134K$573K$2.8M 990 PDF
FY2022 $534K$129K$405K$2.3M 990 PDF
FY2021 $87K$119K−$33K$1.9M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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