Heart of Iowa Big Brothers-Big Sisters

Analysis

Heart of Iowa Big Brothers-Big Sisters is a registered charity in United States, based in Marshalltown, IA. It received its IRS tax-exemption ruling in September 1973, 53 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Heart of Iowa Big Brothers-Big Sisters reported income of $228k and spending of $197k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $188k to $228k (+21%), an average of +4.9% a year. The sharpest change came in the year to December 2021, when income rose by 18%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Heart of Iowa Big Brothers-Big Sisters sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 58th percentile within IA. Charities of a similar size with the same main cause include Selah ($228k), Marys Center Inc ($228k) and USA Regenerative Agricultural Alliance Inc ($228k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $57k (29% of expenses). Other salaries and wages came to $75k. At year end it held assets of $173k against liabilities of $0, net assets of $173k. It reported 6 employees.