Monroe County Activity Center of Albia Iowa

Analysis

Monroe County Activity Center of Albia Iowa is a registered charity in United States, based in Albia, IA. It received its IRS tax-exemption ruling in October 1973, 53 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 December 2023, Monroe County Activity Center of Albia Iowa reported income of $307k and spending of $282k, spending 92% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $232k to $307k (+32%), an average of +5.8% a year. The sharpest change came in the year to December 2019, when income rose by 29%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Monroe County Activity Center of Albia Iowa sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within IA. Charities of a similar size with the same main cause include Kickstand Comedy ($307k), Clarendon Foundation ($307k) and Hornell Area Concern for Youth Inc ($307k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 65% of the total. Compensation of current officers, directors and key employees was $42k (15% of expenses). Other salaries and wages came to $159k. At year end it held assets of $202k against liabilities of $0, net assets of $202k. It reported 25 employees.