Access 2 Independence of the Eastern Iowa Corridor Inc

Analysis

Access 2 Independence of the Eastern Iowa Corridor Inc is a registered charity in United States, based in Iowa City, IA. It received its IRS tax-exemption ruling in January 1994, 32 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 2022, Access 2 Independence of the Eastern Iowa Corridor Inc reported income of $361k and spending of $370k, spending 102% of its income. Across the 4 years on record, from September 2019 to September 2022, income grew from $288k to $361k (+26%), an average of +7.9% a year. The sharpest change came in the year to September 2020, when income rose by 18%. 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, Access 2 Independence of the Eastern Iowa Corridor Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 67th percentile within IA. Charities of a similar size with the same main cause include Rising Stars Therapeutic Riding Center Inc ($361k), Weatherford Food & Resource Center Incorporated ($361k) and USA Early Child Care Center Inc ($361k).

On its Form 990 for the period ending September 2022, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $194k. At year end it held assets of $118k against liabilities of $42k, net assets of $76k. It reported 9 employees.