Easter Seal Society of Iowa Inc

Analysis

Easter Seal Society of Iowa Inc is a registered charity in United States, based in Des Moines, IA. It received its IRS tax-exemption ruling in January 1953, 73 years ago. 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 August 2023, Easter Seal Society of Iowa Inc reported income of $15.2m and spending of $13.9m, spending 92% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $13.6m to $15.2m (+12%), an average of +2.8% a year. The sharpest change came in the year to August 2021, when income rose by 59%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Easter Seal Society of Iowa Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within IA. Charities of a similar size with the same main cause include Sponsors Inc ($15.2m), New Horizons Rehabilitation Services Inc ($15.2m) and Disabled Citizens Alliance for Indep Inc Fiscal Agent ($15.2m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 33% and program service revenue 64% of the total. Compensation of current officers, directors and key employees was $249k (1.8% of expenses). Other salaries and wages came to $7.7m. At year end it held assets of $18.7m against liabilities of $1.9m, net assets of $16.8m. It reported 386 employees.