Iowa Technology and Education Connection

Analysis

Iowa Technology and Education Connection is a registered charity in United States, based in Nevada, IA. It received its IRS tax-exemption ruling in May 1989, 37 years ago. 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 June 2023, Iowa Technology and Education Connection reported income of $288k and spending of $204k, leaving 29% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $270k to $288k (+6.7%), an average of +1.6% a year. The sharpest change came in the year to June 2022, when income rose by 395%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Iowa Technology and Education Connection 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 61st percentile, and in the 62nd percentile within IA. Charities of a similar size with the same main cause include Fort Myers Community Concert Association Inc ($288k), Boys & Girls Club of Standing Rock ($288k) and North Dakota Association of Community Providers ($288k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $24k. At year end it held assets of $222k against liabilities of $0, net assets of $222k. It reported 3 employees.