United Ways of Iowa

Analysis

United Ways of Iowa is a registered charity in United States, based in Des Moines, IA. It received its IRS tax-exemption ruling in August 2013, 13 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, United Ways of Iowa reported income of $1.7m and spending of $1.7m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.8m to $1.7m (-5.1%), an average of -1.3% a year. The sharpest change came in the year to June 2022, when income rose by 34%. Over the whole period it spent 97% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, United Ways of Iowa sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 87th percentile within IA. Charities of a similar size with the same main cause include Rainbow Research Inc ($1.7m), Cooperacion Santa Ana ($1.7m) and Northwest Missouri Living Center Inc ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 80% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $83k (4.8% of expenses). Other salaries and wages came to $703k. At year end it held assets of $549k against liabilities of $209k, net assets of $340k. It reported 92 employees.