North Iowa Community Action Organization

Analysis

North Iowa Community Action Organization is a registered charity in United States, based in Mason City, IA. It received its IRS tax-exemption ruling in February 1967, 59 years ago. 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, North Iowa Community Action Organization reported income of $12.3m and spending of $11.9m, spending 97% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $9.2m to $12.3m (+35%), an average of +7.7% a year. The sharpest change came in the year to September 2022, when income rose by 35%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, North Iowa Community Action Organization sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within IA. Charities of a similar size with the same main cause include The Lebron James Family Foundation ($12.3m), North American Spine Society ($12.3m) and Hospice of Southern West Virginia Inc ($12.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 92% and program service revenue 7.8% of the total. Compensation of current officers, directors and key employees was $213k (1.8% of expenses). Other salaries and wages came to $4.2m. At year end it held assets of $6.1m against liabilities of $1.6m, net assets of $4.5m. It reported 151 employees.