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Iowa · Nonprofit

PALMER COLLEGE FOUNDATION

PALMER COLLEGE FOUNDATION (Iowa) receives grants from 29 organizations whose IRS filings report $3,473,956 to it, the largest being Marie H Bechtel Charitable Trust ($1,335,000). 18 of them have funded it in more than one year.

Revenue FY2025
$107M
Funders on record
29
Grants received
$3.5M
Net assets
$285M
18/29 repeat funderspeak grant-dependency 1%
01What it does

What Palmer College Foundation does

Mission

Promote learning, deliver health care, engage our communities and advance knowledge through research.

As stated on its FY2025 Form 990.

Programs

  1. Palmer college educates students with a doctor of chiropractic degree. Students are provided classroom and lab instruction to learn the science, art and philosophy of chiropractic. Enrollment for the spring 2025 term was 1,943 students.

    $38,089,413 spentof which $3,579,844 as grants$79,467,899 earned by the program
    67% of program spending
  2. Palmer college operates chiropractic clinics to extend the student education from the classroom to direct patient care. The doctor of chiropractic degree is a 10 trimester program of which the final 1/3 is spent in the clinic setting working with patients. Student tuition reported above is used to offset the cost of clinic operations.

    $9,542,236 spent$1,385,643 earned by the program
    17% of program spending
  3. Palmer center for chiropractic research is dedicated to impacting patient care and policy through research, analysis and intelligence. Pccr takes a comprehensive approach to research focusing on basic and clinical sciences in addition to health services work. Grant income received during the year was just over $1,100,000.

    $2,703,697 spent
    5% of program spending
  4. Auxiliary enterprises and activities related to operation of bookstore, cafeteria, print shop, student housing, and continuing education programs.

    $6,596,327 spent$500,662 earned by the program
    12% of program spending

The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $56,931,673.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($73M) Expenses 100 ($63M) Net assets 100 ($138M)2018 Revenue 104 ($75M) Expenses 101 ($63M) Net assets 111 ($154M)2019 Revenue 101 ($74M) Expenses 103 ($65M) Net assets 118 ($163M)2020 Revenue 101 ($73M) Expenses 103 ($65M) Net assets 124 ($172M)2021 Revenue 109 ($79M) Expenses 100 ($63M) Net assets 147 ($203M)2022 Revenue 126 ($91M) Expenses 104 ($65M) Net assets 151 ($209M)2023 Revenue 124 ($90M) Expenses 112 ($70M) Net assets 172 ($238M)2024 Revenue 129 ($94M) Expenses 117 ($73M) Net assets 188 ($260M)2025 Revenue 147 ($107M) Expenses 123 ($77M) Net assets 206 ($285M)
'17'18'19'20'21'22'23'24'25
Revenue (147)Expenses (123)Net assets (206)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $257M to $298M (+16%).

$180M
$189M
$200M
$217M
$255M
$257M
$298M
$320M
$344M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 2% · 2018 2% · 2019 3% · 2020 3% · 2021 4% · 2022 10% · 2023 3% · 2024 2% · 2025 2%. Grants only. Government contracts and fees sit inside program revenue.

3% of PALMER COLLEGE FOUNDATION’s revenue is contributions — more earned-revenue than three-quarters of its peers (14% for the typical peer).

This organization
Typical peer · 731 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 9 reported years ran a deficit.

$9.9M
’17
$12M
’18
$9.0M
’19
$8.6M
’20
$17M
’21
$26M
’22
$20M
’23
$20M
’24
$30M
’25
15
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Dennis Marchiori Dc Phd

President/CEO

Board chair

Trevor V Ireland Dc

Trustee/chairperson

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed232423252123222220
Joined·+3+1+3+2+5+1+2+1
No longer listed·22163223
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 4 funders to 14 funders, grant income rose $49k → $136k.

7 of 29 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 16% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of PALMER COLLEGE FOUNDATION’s funders (the co-funder graph). Top 28 of 29 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

PALMER COLLEGE FOUNDATION leans on a few funders — its largest provides 38% of grant income and the top three 75%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

38%
largest funder
75%
top three
~4
effective funders

Largest funder’s share by year: 2017 73% · 2018 39% · 2019 79% · 2020 85% · 2021 46% · 2022 44% · 2023 18% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

46% of PALMER COLLEGE FOUNDATION's funders are still giving 3 years after their first grant; 62% give in more than one year at all.

first grant+1y+2y+3y+4y+5y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

82% of PALMER COLLEGE FOUNDATION's grant income comes from Iowa funders.

ND
IL
NY
IA
IN
OH
NJ
CO
DE
KS
TX
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Iowa out of state home

Funder states come from each funder’s own filing. $551k arriving through sponsors registered in 6 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

PALMER COLLEGE FOUNDATION runs a healthier operating margin than three-quarters of the 679 education nonprofits its size.

Operating margin28% · top quartile
Months of reserve14.9mo · top quartile
Revenue growth (annualized)5% · below the median

this organization peer median middle 50% of peers· 679 education nonprofits over $100M, FY2025

Government funding PALMER COLLEGE FOUNDATION receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $13.9M on record — $13.9M federal, $13k state.

Federal$13.9M
grants $13.9Mcontracts $0
17
18
19
20
21
22
24
Top agencies
  • Department of Health and Human Services$9.9M
  • Department of Education$4.0M
State$13k
19
20
21
22
23
24
25
By state
  • NJ$8k
  • FL$4k
  • DE$1k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like PALMER COLLEGE FOUNDATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Iowa

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

74% of spending goes to programs.

Program 74%Management 26%Fundraising 1%

Governance

12
board members
92%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

49%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 8 states

AK
NH
WA
OR
IA
CA
MD
SC

Part of a family of 2 related entities

  • Palmer College of Chiropractic West · exempt
  • Dr David D Palmer Athletic Trust · exempt

Screen this organization

A dated, signed PDF of the compliance screen for PALMER COLLEGE FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds PALMER COLLEGE FOUNDATION?
PALMER COLLEGE FOUNDATION (Iowa) receives grants from 29 organizations whose IRS filings report $3,473,956 to it, the largest being Marie H Bechtel Charitable Trust ($1,335,000). 18 of them have funded it in more than one year.
How many funders does PALMER COLLEGE FOUNDATION have?
IRS filings report 29 organizations giving $3,473,956 in grants to PALMER COLLEGE FOUNDATION, 18 of which have funded it in more than one year.
Who is the largest funder of PALMER COLLEGE FOUNDATION?
Marie H Bechtel Charitable Trust is the largest funder on record, with $1,335,000 in grants. The full list of funders is on this page.
How can an organization like PALMER COLLEGE FOUNDATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Iowa. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 29 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing