Northeast Iowa Area Agency on Aging Inc

Analysis

Northeast Iowa Area Agency on Aging Inc is a registered charity in United States, based in Dubuque, IA. It received its IRS tax-exemption ruling in May 1990, 36 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Northeast Iowa Area Agency on Aging Inc reported income of $9.5m and spending of $9.4m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.2m to $9.5m (+31%), an average of +7.0% a year. The sharpest change came in the year to June 2020, when income rose by 19%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Northeast Iowa Area Agency on Aging Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within IA. Charities of a similar size with the same main cause include Helix Human Services Inc ($9.5m), Alliance Visiting Nurses ($9.5m) and Kavod ($9.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 89% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $226k (2.4% of expenses). Other salaries and wages came to $2.6m. At year end it held assets of $3.7m against liabilities of $1.3m, net assets of $2.5m. It reported 53 employees.