Iowa Association of School Business Officials

Analysis

Iowa Association of School Business Officials is a registered charity in United States, based in Elliott, IA. It received its IRS tax-exemption ruling in April 1988, 38 years ago. 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 June 2024, Iowa Association of School Business Officials reported income of $707k and spending of $645k, spending 91% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $434k to $707k (+63%), an average of +13% a year. The sharpest change came in the year to June 2023, when income rose by 34%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Iowa Association of School Business Officials sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 77th percentile within IA. Charities of a similar size with the same main cause include Austin Bridge Builders Alliance ($707k), United Way of Greater Laporte County Inc ($707k) and Greensburg Community Bread of Life Inc ($706k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 94% of the total. Compensation of current officers, directors and key employees was $221k (34% of expenses). At year end it held assets of $911k against liabilities of $0, net assets of $911k. It reported 4 employees.