Iowa Congolese Organization and Center for Healing

Analysis

Iowa Congolese Organization and Center for Healing is a registered charity in United States, based in Des Moines, IA. It received its IRS tax-exemption ruling in April 2018, 8 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 December 2023, Iowa Congolese Organization and Center for Healing reported income of $446k and spending of $408k, spending 92% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $356k to $446k (+25%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 136%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Iowa Congolese Organization and Center for Healing sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 71st percentile within IA. Charities of a similar size with the same main cause include Dyer County Office on Aging Inc ($446k), Acfb Support Organization Inc ($446k) and Global Kindness ($446k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $58k (14% of expenses). Other salaries and wages came to $115k. At year end it held assets of $171k against liabilities of $53k, net assets of $119k. It reported 26 employees.