Assistance League of Marshalltown Inc

Analysis

Assistance League of Marshalltown Inc is a registered charity in United States, based in Marshalltown, IA. It received its IRS tax-exemption ruling in March 1972, 54 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending February 2024, Assistance League of Marshalltown Inc reported income of $96k and spending of $116k, spending 121% of what it took in. Across the 5 years on record, from February 2020 to February 2024, income grew from $81k to $96k (+19%), an average of +4.4% a year. The sharpest change came in the year to February 2022, when income rose by 236%. Over the whole period it spent 102% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Assistance League of Marshalltown Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 34th percentile within IA. Charities of a similar size with the same main cause include Sim Foundation ($96k), Project Hope Uganda ($96k) and LGBTQ Focus Foundation Corporation ($96k).

On its Form 990 for the period ending February 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $229k against liabilities of $0, net assets of $229k.