Iowa College Access Network

Analysis

Iowa College Access Network is a registered charity in United States, based in Hiawatha, IA. It received its IRS tax-exemption ruling in August 2010, 16 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Iowa College Access Network reported income of $1.1m and spending of $1.1m, spending 100% of its income. Across the 4 years on record, from June 2019 to June 2023, income fell from $1.2m to $1.1m (-13%), an average of -4.4% a year. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Iowa College Access Network sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 82nd percentile within IA. Charities of a similar size with the same main cause include Aiming for Healthy Families Inc ($1.1m), Truxton Academy Charter School ($1.1m) and Central Texas College Foundation ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 91% and program service revenue 9.1% of the total. Compensation of current officers, directors and key employees was $159k (15% of expenses). Other salaries and wages came to $539k. At year end it held assets of $279k against liabilities of $104k, net assets of $174k. It reported 13 employees.