Iowa Primary Care Association Inc

Analysis

Iowa Primary Care Association Inc is a registered charity in United States, based in Des Moines, IA. It received its IRS tax-exemption ruling in April 1989, 37 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 2023, Iowa Primary Care Association Inc reported income of $8.2m and spending of $8.0m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.1m to $8.2m (+99%), an average of +19% a year. The sharpest change came in the year to June 2021, when income rose by 40%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Iowa Primary Care Association Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within IA. Charities of a similar size with the same main cause include Stepping Stone School Inc for Exceptional Children Inc ($8.2m), Education Foundation of Palm Beach County Inc ($8.2m) and Duluth Graduate Medical Education Council Inc ($8.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 54% and program service revenue 45% of the total. Compensation of current officers, directors and key employees was $303k (3.8% of expenses). Other salaries and wages came to $3.8m. At year end it held assets of $3.5m against liabilities of $1.6m, net assets of $1.9m. It reported 55 employees.