Interfaith Alliance of Iowa

Analysis

Interfaith Alliance of Iowa is a registered charity in United States, based in Des Moines, IA. It received its IRS tax-exemption ruling in October 1996, 30 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Interfaith Alliance of Iowa reported income of $331k and spending of $399k, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $298k to $331k (+11%), an average of +2.7% a year. The sharpest change came in the year to December 2021, when income rose by 48%. Over the whole period it spent 95% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Interfaith Alliance of Iowa sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within IA. Charities of a similar size with the same main cause include West Fort Worth Center of Hope Inc ($331k), Simon and Josephine Braitman Family Supporting Foundation ($331k) and Liberti Network of Churches ($331k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 31% of the total. Compensation of current officers, directors and key employees was $120k (30% of expenses). Other salaries and wages came to $137k. At year end it held assets of $159k against liabilities of $7,153, net assets of $152k. It reported 3 employees.