Amani Community Services

Analysis

Amani Community Services is a registered charity in United States, based in Waterloo, IA. It received its IRS tax-exemption ruling in March 2017, 9 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, Amani Community Services reported income of $586k and spending of $585k, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $383k to $586k (+53%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 63%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Amani Community Services sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 75th percentile within IA. Charities of a similar size with the same main cause include Fasd Communities ($586k), Cars 4 Kids Foundation Inc ($586k) and Community Health and Home Care Inc ($586k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $68k (12% of expenses). Other salaries and wages came to $219k. At year end it held assets of $248k against liabilities of $14k, net assets of $234k. It reported 11 employees.