Iowa Capital Investment Corporation

Analysis

Iowa Capital Investment Corporation is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in April 2004, 22 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Iowa Capital Investment Corporation reported income of $75k and spending of $8,501, leaving 89% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $75k to $75k (+0.0%), an average of +0.0% a year. Over the whole period it spent 24% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Iowa Capital Investment Corporation sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 28th percentile within OK. Charities of a similar size with the same main cause include Hope Connection and Community ($75k), United We Stand ($75k) and Glenwood and Beyond Inc ($75k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $21k against liabilities of $311k, net assets of -$289k.