Volunteer Center of Cedar Valley

Analysis

Volunteer Center of Cedar Valley is a registered charity in United States, based in Waterloo, IA. It received its IRS tax-exemption ruling in July 1995, 31 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 June 2023, Volunteer Center of Cedar Valley reported income of $354k and spending of $344k, spending 97% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $250k to $354k (+41%), an average of +12% a year. The sharpest change came in the year to June 2021, when income rose by 21%. Over the whole period it spent 87% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Volunteer Center of Cedar Valley sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 67th percentile within IA. Charities of a similar size with the same main cause include Idea Foundry ($354k), Everett Community Growers Inc ($354k) and Leadership Tyler Inc ($354k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 91% and program service revenue 1.7% of the total. Compensation of current officers, directors and key employees was $85k (25% of expenses). Other salaries and wages came to $144k. At year end it held assets of $261k against liabilities of $8,355, net assets of $252k. It reported 6 employees.