Iowa Shares

Analysis

Iowa Shares is a registered charity in United States, based in Iowa City, IA. It received its IRS tax-exemption ruling in May 1993, 33 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 December 2023, Iowa Shares reported income of $70k and spending of $74k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $79k to $70k (-12%), an average of -12% a year. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Iowa Shares sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 25th percentile within IA. Charities of a similar size with the same main cause include Rocky Mountain Modern Language Association ($70k), PTA Louisiana Congress ($70k) and California Federation of Womens Clubs ($70k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 83% of the total. At year end it held assets of $32k against liabilities of $1,210, net assets of $31k.