Ilq Inc Marshall Smi Housing

Analysis

Ilq Inc Marshall Smi Housing is a registered charity in United States, based in West Des Moines, IA. It received its IRS tax-exemption ruling in November 1992, 34 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3).

In the financial year ending June 2024, Ilq Inc Marshall Smi Housing reported income of $90k and spending of $128k, spending 142% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $117k to $90k (-23%), an average of -6.5% a year. The sharpest change came in the year to June 2023, when income dropped by 20%. Over the whole period it spent 114% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ilq Inc Marshall Smi Housing sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 32nd percentile within IA. Charities of a similar size with the same main cause include Camp Agape Northwest ($90k), Bitter Jester Foundation for the Arts NFP ($90k) and City Wide Club of Clubs ($90k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. Other salaries and wages came to $10k. At year end it held assets of $598k against liabilities of $916k, net assets of -$317k.