Network of Iowa Christian Home Educators

Analysis

Network of Iowa Christian Home Educators is a registered charity in United States, based in Johnston, IA. It received its IRS tax-exemption ruling in April 1997, 29 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 September 2023, Network of Iowa Christian Home Educators reported income of $225k and spending of $201k, spending 89% of its income. Across the 2 years on record, from September 2022 to September 2023, income fell from $372k to $225k (-40%), an average of -40% a year. The sharpest change came in the year to September 2023, when income dropped by 40%. Over the whole period it spent 61% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Network of Iowa Christian Home Educators sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 57th percentile within IA. Charities of a similar size with the same main cause include Gurudwara Guru Kalgidhar Sahib ($225k), Zichron Shlomo ($225k) and Faith Place Inc ($225k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 42% and program service revenue 57% of the total. Compensation of current officers, directors and key employees was $31k (15% of expenses). Other salaries and wages came to $18k. At year end it held assets of $358k against liabilities of $671, net assets of $357k.