Iowa Jag Inc
Analysis
Iowa Jag Inc is a registered charity in United States, based in Des Moines, IA. It received its IRS tax-exemption ruling in December 1999, 27 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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 2024, Iowa Jag Inc reported income of $17.3m and spending of $14.7m, spending 85% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $4.6m to $17.3m (+277%), an average of +30% a year. The sharpest change came in the year to June 2023, when income rose by 75%. Over the whole period it spent 88% of the income it received.
Among 14,332 United States charities whose main cause is children and youth development and that reported income, Iowa Jag Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within IA. Charities of a similar size with the same main cause include Utec Inc ($17.3m), Girl Scouts of Northeast Texas ($17.5m) and Boys & Girls Clubs of Broward County ($17.3m).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 22% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $208k (1.4% of expenses). Other salaries and wages came to $9.4m. It paid $59k in professional fundraising fees. At year end it held assets of $9.9m against liabilities of $747k, net assets of $9.2m. It reported 225 employees.
Income and spending
Where the income comes from
- Contributions & grants 22%
- Program services 76%
- Other 1.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Utec Inc | Lowell | $17.3m |
| Girl Scouts of Northeast Texas | Dallas | $17.5m |
| Boys & Girls Clubs of Broward County | Fort Lauderdale | $17.3m |
| Sephardic Community Youth Center | Brooklyn | $17.5m |