Construction of a new community building was jumpstarted in 2004 when the late E. Lucille Miller left the Hancock Community of Corwith with a $100,000 donation. The state-of-the-art building includes city offices, the Public Library, and the Post Office. With a population of 309, the community has seen other improvements from private donations: Corwith native Bill Bonnstetter purchased the former Baptist Church and remodeled it for use as a spacious community center, and local business Hawkeye Pride Egg Farm committed $200,000 toward a new fire station, to be constructed in early 2012.

Corwith is part of the Corwith-Wesley-LuVerne School District. A recent article in the Mason City Globe Gazette noted the district high school had the highest average ACT score in Iowa for 2006-2007, and has averaged over 23 points three of the past five years. (The national average score is 21.2.)