Heart of America Athletic Conference

Analysis

Heart of America Athletic Conference is a registered charity in United States, based in Oskaloosa, IA. It received its IRS tax-exemption ruling in November 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2022, Heart of America Athletic Conference reported income of $1.8m and spending of $1.8m, spending 98% of its income. Across the 4 years on record, from June 2019 to June 2022, income grew from $434k to $1.8m (+314%), an average of +61% a year. The sharpest change came in the year to June 2020, when income rose by 201%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Heart of America Athletic Conference sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 87th percentile within IA. Charities of a similar size with the same main cause include The Matthew Reardon Center for Autism Inc ($1.8m), West After School Center ($1.8m) and Reconnecting McDowell Inc ($1.8m).

On its Form 990 for the period ending June 2022, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $150k (8.6% of expenses). At year end it held assets of $271k against liabilities of $438, net assets of $271k. It reported 2 employees.