Central Iowa Center for Independent Living

Analysis

Central Iowa Center for Independent Living is a registered charity in United States, based in Des Moines, IA. It received its IRS tax-exemption ruling in July 1991, 35 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 2024, Central Iowa Center for Independent Living reported income of $496k and spending of $445k, spending 90% of its income. Across the 6 years on record, from September 2019 to September 2024, income grew from $283k to $496k (+75%), an average of +12% a year. The sharpest change came in the year to September 2020, when income rose by 37%. Over the whole period it spent 95% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Central Iowa Center for Independent Living sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within IA. Charities of a similar size with the same main cause include Artesia Mainstreet Inc ($496k), Historic Eastside Community Development Corporation ($496k) and Hunterdon County Chamber of Commerce Foundation ($496k).

On its Form 990 for the period ending September 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $67k (15% of expenses). Other salaries and wages came to $200k. At year end it held assets of $150k against liabilities of $427, net assets of $150k. It reported 13 employees.