Des Moines Area Quilters Guild Inc

Analysis

Des Moines Area Quilters Guild Inc is a registered charity in United States, based in Clive, IA. It received its IRS tax-exemption ruling in February 1985, 41 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Des Moines Area Quilters Guild Inc reported income of $124k and spending of $95k, leaving 23% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $102k to $124k (+21%), an average of +21% a year. The sharpest change came in the year to December 2023, when income rose by 21%. Over the whole period it spent 68% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Des Moines Area Quilters Guild Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 42nd percentile within IA. Charities of a similar size with the same main cause include Seaside Highland Games ($124k), Tate House Museum ($124k) and Friends of the Arts Inc ($124k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 84% of the total. At year end it held assets of $175k against liabilities of $17k, net assets of $159k.