Impact Iowas Heroes Inc

Analysis

Impact Iowas Heroes Inc is a registered charity in United States, based in Windsor Heights, IA. It received its IRS tax-exemption ruling in November 2019, 7 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Impact Iowas Heroes Inc reported income of $255k and spending of $191k, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $387k to $255k (-34%), an average of -9.9% a year. The sharpest change came in the year to December 2021, when income rose by 134%. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Impact Iowas Heroes Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 60th percentile within IA. Charities of a similar size with the same main cause include Halfway There Rescue ($255k), New York Legislative Service Inc ($255k) and Epic Academy ($255k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 2.4% of the total. At year end it held assets of $193k against liabilities of $677, net assets of $192k.