Area Payee Services

Analysis

Area Payee Services is a registered charity in United States, based in Cedar Rapids, IA. It received its IRS tax-exemption ruling in September 2006, 20 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Area Payee Services reported income of $209k and spending of $197k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $206k to $209k (+1.2%), an average of +0.3% a year. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Area Payee Services sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 55th percentile within IA. Charities of a similar size with the same main cause include Hirsche Smiles Foundation ($209k), Catholic Charities of Southern Nevada Adoption Services ($209k) and Lexington Interfaith Outreach Food Pantry Inc ($209k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $63k (32% of expenses). At year end it held assets of $185k against liabilities of $0, net assets of $185k. It reported 2 employees.