South Central Iowa Community Action Program Inc

Analysis

South Central Iowa Community Action Program Inc is a registered charity in United States, based in Chariton, IA. It received its IRS tax-exemption ruling in November 1966, 60 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 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 October 2023, South Central Iowa Community Action Program Inc reported income of $5.1m and spending of $5.0m, spending 98% of its income. Across the 5 years on record, from October 2019 to October 2023, income grew from $4.6m to $5.1m (+9.7%), an average of +2.3% a year. The sharpest change came in the year to October 2022, when income rose by 29%. Over the whole period it spent 99% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, South Central Iowa Community Action Program Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within IA. Charities of a similar size with the same main cause include Employment Resources Inc ($5.1m), Amplify GR ($5.1m) and Riverdale Neighborhood House Inc ($5.1m).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $95k (1.9% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $1.8m against liabilities of $407k, net assets of $1.4m. It reported 125 employees.