Institute for Community Alliances

Analysis

Institute for Community Alliances is a registered charity in United States, based in Des Moines, IA. It received its IRS tax-exemption ruling in April 1991, 35 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Institute for Community Alliances reported income of $16.2m and spending of $16.2m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.0m to $16.2m (+130%), an average of +23% a year. The sharpest change came in the year to June 2020, when income rose by 34%. Over the whole period it spent 99% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Institute for Community Alliances sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within IA. Charities of a similar size with the same main cause include Partners for Home Inc ($16.1m), Villa St Francis Catholic Care Center Inc ($16.3m) and Woldenberg Village Inc ($16.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 46% and program service revenue 54% of the total. Compensation of current officers, directors and key employees was $168k (1.0% of expenses). Other salaries and wages came to $7.8m. At year end it held assets of $3.8m against liabilities of $2.3m, net assets of $1.5m. It reported 145 employees.