Hawkeye Area Community Action Program Inc

Analysis

Hawkeye Area Community Action Program Inc is a registered charity in United States, based in Hiawatha, IA. It received its IRS tax-exemption ruling in September 1965, 61 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2023, Hawkeye Area Community Action Program Inc reported income of $68.4m and spending of $68.8m, spending 101% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $36.8m to $68.4m (+86%), an average of +17% a year. The sharpest change came in the year to September 2022, when income rose by 30%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hawkeye Area Community Action Program Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within IA. Charities of a similar size with the same main cause include Lutheran Social Services of Wisconsin and Upper Michigan ($68.3m), John Knox Village ($68.4m) and Lifes Worc Inc ($68.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 98% and program service revenue 1.8% of the total. Compensation of current officers, directors and key employees was $477k (0.7% of expenses). Other salaries and wages came to $13.2m. It paid $127k in professional fundraising fees. At year end it held assets of $13.0m against liabilities of $5.4m, net assets of $7.7m. It reported 420 employees.