Dubuque Initiatives

Analysis

Dubuque Initiatives is a registered charity in United States, based in Dubuque, IA. It received its IRS tax-exemption ruling in April 1985, 41 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 December 2023, Dubuque Initiatives reported income of $2.7m and spending of $726k, leaving 73% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $2.7m (+135%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 858%. Over the whole period it spent 34% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Dubuque Initiatives sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within IA. Charities of a similar size with the same main cause include Heartland Families Inc ($2.7m), Ability Works Inc ($2.7m) and Change Elemental ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% of the total. At year end it held assets of $13.9m against liabilities of $1.5m, net assets of $12.4m.