Iowa Community Action Association

Analysis

Iowa Community Action Association is a registered charity in United States, based in Des Moines, IA. It received its IRS tax-exemption ruling in June 2021, 5 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 2023, Iowa Community Action Association reported income of $2.6m and spending of $2.7m, spending 102% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $6.4m to $2.6m (-59%), an average of -20% a year. The sharpest change came in the year to September 2021, when income rose by 79%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Iowa Community Action Association sits at the 86th percentile: it is larger than about 86% 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 Promiseland Preschool Inc ($2.6m), Hope Center Inc ($2.6m) and Evolve Adoption & Family Services ($2.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 88% and program service revenue 10% of the total. Compensation of current officers, directors and key employees was $111k (4.1% of expenses). Other salaries and wages came to $130k. At year end it held assets of $1.0m against liabilities of $824k, net assets of $177k. It reported 4 employees.