Iowa Independent School Tuition Organization

Analysis

Iowa Independent School Tuition Organization is a registered charity in United States, based in Des Moines, IA. It received its IRS tax-exemption ruling in December 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Iowa Independent School Tuition Organization reported income of $144k and spending of $206k, spending 143% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $170k to $144k (-15%), an average of -4.0% a year. The sharpest change came in the year to December 2021, when income rose by 137%. Over the whole period it spent 112% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Iowa Independent School Tuition Organization sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 46th percentile within IA. Charities of a similar size with the same main cause include Sprouting to Success Inc ($144k), School of Mary-Montessori ($144k) and Scholar Career Coaching Inc ($144k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $163k against liabilities of $0, net assets of $163k.